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This bill provides statutory authority for certain requirements related to registration statements submitted to the Securities and Exchange Commission (SEC). First, the bill allows under statute an emerging growth company to submit profit and loss statements from the previous two years, rather than the previous three years as is required of other reporting companies. In addition, the bill allows under statute any issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.
Introduced
May 8, 2025
Last Action
Jun 24, 2025
Session
119th Congress
Sponsors
1 primary · 1 co
Passage Probability
2% — Very Low
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 3301.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.
Placed on the Union Calendar, Calendar No. 91.
Committee Consideration and Mark-up Session Held
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
Introduced in House
Referred to the House Committee on Financial Services.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
2%
Estimate based on legislative signals
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Upgrade to ProReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.