Washington, DC — Congressman William Timmons (SC-04) recently introduced H.R. 4243, the Improving Capital Allocation for Newcomers (ICAN) Act of 2021. This bill modifies the Qualifying Venture Capital Fund Exemption under Section 3(c)(1) of the Investment Company Act of 1940 by increasing the cap from $10 million to $150 million and increasing the allowable number of investors from 250 to… Read more »

Today, a bipartisan Congressional Delegation made up of members from South Carolina and North Carolina, led by Rep. William Timmons (R-SC) and Rep. Alma Adams (D-NC), issued a statement in response to recent media reports of a private investment management fund's proposal to break apart one of the primary energy utility providers in both states, Duke Energy. Rep. William Timmons (SC-04),… Read more »

Congressman William Timmons (SC-04) released the following statement after attending President Biden’s Joint Address to Congress:  “President Biden promised to unify the American people and bring us together. Unfortunately, the last 100 days have been marked by partisanship and one-sided policy. It is clear from his speech tonight that both parties share… Read more »

 Congressman William Timmons (SC-04) cosponsored H.R. 1892, a bill that would provide a clean, one-year reauthorization of the Violence Against Women Act (VAWA). VAWA is a federal grant program which provides support for the safety of domestic violence survivors, increases prevention efforts, expands educational awareness on domestic abuse and sexual assault, and… Read more »

Today, Democrats in the House of Representatives passed the Senate-amended $1.9 trillion spending package. The bill now heads to the President’s desk to be signed into law. Congressman William Timmons (SC-04) opposed this bill and released the following statement:  “We all agree that Congress should do more to ramp up vaccines, reopen schools, and help Americans who… Read more »

Today, the House of Representatives passed H.R. 5, the so-called “Equality Act.” Congressman William Timmons (SC-04) opposed this bill and released the following statement:  “I believe that all people are equal and deserve to be treated with dignity and respect regardless of their sex or sexual orientation. That said, H.R. 5, the so-called ‘Equality… Read more »

Congressman William Timmons (SC-04) has been named Vice Chair of the Select Committee on the Modernization of Congress (“Select Committee”). The Select Committee was first created in 2019 and was reauthorized for the 117th Congress as a part of the House Rules package. The Select Committee consists of only 12 members—six Republicans and six Democrats. Congressman Timmons… Read more »

Today, the House of Representatives passed H. Con. Res. 11, a shell FY21 budget resolution which paves the way for Democrats to move forward with a partisan COVID-19 package without being subject to a 60-vote threshold in the Senate. Congressman William Timmons (SC-04) opposed the resolution and released the following statement: “Just weeks ago, the Biden Administration was calling… Read more »

Congressman William Timmons (SC-04) today released the following statement as the House plans to vote on an article of impeachment: “I agree with Vice President Pence. I did not support last night’s resolution to invoke the 25th Amendment, and I will not vote for the article of impeachment today. We should avoid actions that further divide and inflame the passions of the… Read more »

On January 6, 2021, we witnessed tragedy in the U.S. Capitol. For the first time in two hundred years, we lost control of our seat of government. Make no mistake, this was an act of domestic terrorism and a very sad day for our country. What I saw in the Capitol was quite frankly, shocking: blood was spilt on the floor of our most revered institution. Hundreds of FBI, ATF, U.S. Marshals,… Read more »