H.R. 3381 · 119th Congress
Encouraging Public Offerings Act of 2025
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Passed the House without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted. Its text can still change before it becomes law.
R
WagnerSponsor2 cosponsors · 1 D, 1 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced May 14, 2025
- House Passed Jun 23, 2025
This bill provides statutory authority for all issuers of securities to use certain offering procedures that are available to emerging growth companies.
What it does: CRS summary · Introduced in House · May 14, 2025
Encouraging Public Offerings Act of 2025
This bill provides statutory authority for all issuers of securities to use certain offering procedures that are available to emerging growth companies.
Specifically, the bill allows under statute issuers of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., test the waters).
Additionally, issuers are allowed under statute to submit to the Securities and Exchange Commission, with respect to an initial public offering, initial registration, or follow-on offering, a confidential draft registration statement for review prior to public filing.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Encouraging Public Offerings Act of 2025
Latest action (Jun 24, 2025): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 14, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced May 14, 2025
- House Passed Jun 23, 2025
No recorded floor vote found.