House vote: S. 2765 // December 20, 2018Needed two-thirds to pass
RBIC Advisers Relief Act of 2018
Sponsor: John Kennedy (R-LA)
This bill amends the Investment Advisers Act of 1940 to exempt certain investment advisers from registration requirements. Specifically, investment advisers who solely advise rural business investment companies are exempt from these requirements.
Finance and Financial Sector Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 10.5% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 389 | 89.5% |
| Nay | Lost | 0 | 0.0% |
| Not represented on this question | No position taken | 0 | 10.5% |