H.R. 2624 · 118th Congress
Helping Startups Continue To Grow Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
SteilSponsorNo cosponsors.
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.
What it does: CRS summary · Introduced in House · Apr 13, 2023
Helping Startups Continue To Grow Act
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 nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Helping Startups Continue To Grow Act
Latest action (Apr 13, 2023): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 13, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.