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Senate bill · S. 3880 (119th Congress)

Small Business Investor Capital Access Act

U.S. Senate

Latest action Feb 12, 2026

Sponsor: Mike Rounds (U.S. Senator for South Dakota, Republican)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Amends the Investment Advisers Act of 1940 to raise the private fund adviser exemption threshold from $150,000,000 to $175,000,000 and to require the Commission to adjust that amount every five years based on the Consumer Price Index for All Urban Consumers.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Senate Committee on Banking, Housing, and Urban Affairs · U.S. Senate

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Cosponsors

1

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic1

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As identified by Congress.gov.

Full history

  1. Feb 12, 2026

    Introduced

    Introduced in U.S. Senate

    U.S. Senate

  2. Feb 12, 2026

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  3. Feb 12, 2026

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  4. Feb 12, 2026

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Read the record