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House Passes Sinema-Sponsored Legislation to Increase Access to Capital for Arizona Businesses

House Passes Sinema-Sponsored Legislation to Increase Access to Capital for Arizona Businesses

 

WASHINGTON, D.C. – The House of Representatives today passed the Fair Investment Opportunities for Professional Experts Act (H.R. 1585), bipartisan legislation introduced by Congresswoman Kyrsten Sinema (AZ-09) and Congressman David Schweikert (AZ-06) that expands the definition of “accredited investor” to allow knowledgeable professionals to invest in Arizona startups and innovative companies.

 

“Informed, responsible investing ensures innovative Arizona businesses have the capital they need to expand, create jobs, and succeed,” said Congresswoman Sinema. “Our bill allows qualified individuals to use professional expertise to invest without encountering unnecessary red tape. I will continue working with my colleagues on both sides of the aisle to create opportunities for Arizonans.”