Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 2624: Helping Startups Continue To Grow Act

Introduced

  1. Introduced (completed)Apr 13, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Apr 13, 2023

This bill allows certain issuers of securities regulated as emerging growth companies to continue operating under such regulations, including those related to reduced disclosures and other exemptions, for an additional five years. It also raises the limit of total annual gross revenues under which issuers qualify as emerging growth companies to $2 billion. Finally, under the bill, a company may continue to be considered an emerging growth company even after it becomes a large accelerated filer.

Written by the Congressional Research Service, Library of Congress.

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Other bills by Bryan Steil

History

  1. Apr 13, 2023Introduced in the House by Bryan Steil.
Show the full action history (2 actions)
  1. Apr 13, 2023Introduced in House
  2. Apr 13, 2023Referred to the House Committee on Financial Services.