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S. 3880

U.S. Senate•In Senate Committee

Summary

S. 3880, the Small Business Investor Capital Access Act, was introduced in the Senate on Feb 12, 2026 by Sen. Mike Rounds (R) with 1 co-sponsor. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Feb 12, 2026: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

S. 3880 has 1 co-sponsor.

sb3880/introduced-in-senate.txt
119 S3880 IS: Small Business Investor Capital Access Act
 U.S. Senate
 2026-02-12
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  2d Session  S. 3880  IN THE SENATE OF THE UNITED STATES   February 12, 2026   Mr. Rounds  (for himself and  Mr. Gallego ) introduced the following bill; which was read twice and referred to the  Committee on Banking, Housing, and Urban Affairs    A BILL
To amend the Investment Advisers Act of 1940 to address the exemption of, and reporting by, certain private fund advisers, and for other purposes.
1.
Short title
This Act may be cited as the   Small Business Investor Capital Access Act  .
2.
Small business investor capital access
Section 203(m) of the Investment Advisers Act of 1940 ( 15 U.S.C. 80b–3(m) ) is amended—
(1)
in paragraph (1), by striking  $150,000,000  and inserting  $175,000,000 ; and
(2)
by adding at the end the following:
(5)
Inflation adjustment
The Commission shall, every 5 years, adjust the dollar amount under paragraph (1) to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor, setting the threshold to the nearest multiple of $1,000,000.
 .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-02-12
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

A bill to amend the Investment Advisers Act of 1940 to address the exemption of, and reporting by, certain private fund advisers, and for other purposes.

Sponsors

Sen. Mike Rounds (R) sponsors S. 3880, and 1 member has co-sponsored it from the day it was introduced.

Committees

S. 3880 went before 1 committee: Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · Feb 12, 2026 · 465 Bills

Actions

S. 3880 has taken 2 actions since Feb 12, 2026.

ChamberAction
Feb 12, 2026
Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Feb 12, 2026
—
Introduced in Senate

Votes

S. 3880 has not gone to a roll call.

1 bill is related to S. 3880.

Titles

S. 3880 goes by 3 titles, 1 of them short titles.

  • Small Business Investor Capital Access Act — Display Title
  • Small Business Investor Capital Access Act — Short Title(s) as Introduced
  • A bill to amend the Investment Advisers Act of 1940 to address the exemption of, and reporting by, certain private fund advisers, and for other purposes. — Official Title as Introduced

Classification

The Congressional Research Service files S. 3880 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 3880’s is Finance and Financial Sector.

s3880/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com