Senate expected to vote on Jobs Act and crowd funding businesses later today

The Senate is expected to vote on the Jumpstart Our Business Startups Act or JOBS Act, today.
Among other things, the bill would allow small businesses to do crowd funding (on formats like Kickstarter) or sell up to $10,000 worth of stock to individuals. It would also allow small companies to publicly advertise for investors. The bill has garnered a lot of support among tech startup companies. Angel List, a social network of startup companies and investors, has heavily promoted the bill and has garnered 5,330 signatures on a petition delivered to Senators in favor of the legislation.
The Jobs Act passed the House earlier this month.
A number of prominent investors support the legislation including Steve Case, founder of America Online, and the National Venture Capital Association.
You can watch the debate and vote via C-Span live. You can read the complete details of the bill here.

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