From official state and federal legislative records. Informational only, not legal advice.
Halfway — passed one chamber
One of the two groups of lawmakers voted yes. Now the other group gets to vote.
Next: the other chamber takes it up — committee first, then a vote.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
To amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to invest in private funds.