118th Congress · HOUSE BILLBILL

H.R. 2624Helping Startups Continue To Grow Act

To update the definition of an emerging growth company, and for other purposes.

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

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.

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Apr 13, 2023
Introduced in House
Apr 13, 2023
Referred to the House Committee on Financial Services.