118th Congress · HOUSE BILLBILL

H.R. 2610To amend the Securities Exchange Act of 1934 to specify certain registration statement contents for emerging growth companies, to permit issuers to file draft registration statements with the Securities and Exchange Commission for confidential review, and for other purposes.

To amend the Securities Exchange Act of 1934 to specify certain registration statement contents for emerging growth companies, to permit issuers to file draft registration statements with the Securities and Exchange Commission for confidential review, and for other purposes.

Finance and financial sector
Introduced Apr 13, 2023
Last action Jun 6, 2023
Pipeline · Bill → Law
Step 1
Introduced
Apr 13, 2023
Step 2
Referred
Apr 13, 2023
Financial Services · Banking, Housing, and Urban Affairs
Step 3
Committee
Apr 26, 2023
Reported out
Step 4
House floor
Step 5
Senate
Jun 6, 2023
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill revises requirements related to registration statements submitted to the Securities and Exchange Commission (SEC). First, the bill requires an emerging growth company to submit profit and loss statements from the previous 2 years, rather than the previous 3 years as under current law. In addition, the bill allows an issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.

Provisions · 1 sectionsEngrossed in House
Timeline · 12 actions
Jun 6, 2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 5, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-89.
Jun 5, 2023
Placed on the Union Calendar, Calendar No. 66.
Jun 5, 2023
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Jun 5, 2023
Considered under suspension of the rules.
Jun 5, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 2610.
Jun 5, 2023
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Jun 5, 2023
Motion to reconsider laid on the table Agreed to without objection.
Apr 26, 2023
Committee Consideration and Mark-up Session Held.
Apr 26, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 42 - 0.
Apr 13, 2023
Introduced in House
Apr 13, 2023
Referred to the House Committee on Financial Services.