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<bill bill-stage="Introduced-in-House" dms-id="HD140B1DCE4214CD981F410C618E9ACDD" public-private="public" key="H" bill-type="olc"><metadata xmlns:dc="http://purl.org/dc/elements/1.1/">
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<dc:title>119 HR 3323 IH: Helping Startups Continue To Grow Act</dc:title>
<dc:publisher>U.S. House of Representatives</dc:publisher>
<dc:date>2025-05-13</dc:date>
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<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
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<distribution-code display="yes">I</distribution-code><congress display="yes">119th CONGRESS</congress><session display="yes">1st Session</session><legis-num display="yes">H. R. 3323</legis-num><current-chamber>IN THE HOUSE OF REPRESENTATIVES</current-chamber><action display="yes"><action-date date="20250513">May 13, 2025</action-date><action-desc><sponsor name-id="S001213">Mr. Steil</sponsor> (for himself and <cosponsor name-id="W000812">Mrs. Wagner</cosponsor>) introduced the following bill; which was referred to the <committee-name committee-id="HBA00">Committee on Financial Services</committee-name></action-desc></action><legis-type>A BILL</legis-type><official-title display="yes">To update the definition of an emerging growth company, and for other purposes.</official-title></form><legis-body id="H006A3DC3844F4108BBFB8F262BA86234" style="OLC"><section id="H0C4F7F6D26414403838E58928E366AB8" section-type="section-one"><enum>1.</enum><header>Short title</header><text display-inline="no-display-inline">This Act may be cited as the <quote><short-title>Helping Startups Continue To Grow Act</short-title></quote>.</text></section><section id="H973D78BBB5AC480ABF1670E065903419"><enum>2.</enum><header>Emerging growth company criteria</header><subsection id="H2657C80376C54759846E43AE13E2FCF4"><enum>(a)</enum><header>Securities Act of 1933</header><text display-inline="yes-display-inline">Section 2(a)(19) of the Securities Act of 1933 (<external-xref legal-doc="usc" parsable-cite="usc/15/77b">15 U.S.C. 77b(a)(19)</external-xref>) is amended—</text><paragraph id="HDD178F3E11FA41B48BE9C2296236AA8C"><enum>(1)</enum><text>by striking <quote>$1,000,000,000</quote> each place such term appears and inserting <quote>$3,000,000,000</quote>;</text></paragraph><paragraph id="H84C3A9D4C9D24A1AA9C3CF1FCA14F008"><enum>(2)</enum><text>in subparagraph (B)—</text><subparagraph id="H51108247F96F41C1B3C563F2C3885FEC"><enum>(A)</enum><text>by striking <quote>fifth</quote> and inserting <quote>10-year</quote>; and</text></subparagraph><subparagraph id="HB0F9D40C0CD74726895B8B96BDA75C2D"><enum>(B)</enum><text>by adding <quote>or</quote> at the end; </text></subparagraph></paragraph><paragraph id="H455E580465AE4F2F8F0F513896068814"><enum>(3)</enum><text display-inline="yes-display-inline">in subparagraph (C), by striking <quote>; or</quote> and inserting a period; and</text></paragraph><paragraph id="H0AABDAA78F1B417D9F557D5EC11DC5C3"><enum>(4)</enum><text>by striking subparagraph (D).</text></paragraph></subsection><subsection id="HEA7F6FA221654545A38C65A12F952E0B"><enum>(b)</enum><header>Securities Exchange Act of 1934</header><text display-inline="yes-display-inline">Section 3(a) of the Securities Exchange Act of 1934 (<external-xref legal-doc="usc" parsable-cite="usc/15/78c">15 U.S.C. 78c(a)</external-xref>) is amended, in the first paragraph (80)—</text><paragraph id="H07D9B83027264FA7AF515A63099CD81F"><enum>(1)</enum><text>by striking <quote>$1,000,000,000</quote> each place such term appears and inserting <quote>$3,000,000,000</quote>;</text></paragraph><paragraph id="H140916420F884FBCBAA876293EE7FEBA"><enum>(2)</enum><text>in subparagraph (B)—</text><subparagraph id="HD72245D232A54AF49AA13D61E10C700A"><enum>(A)</enum><text>by striking <quote>fifth</quote> and inserting <quote>10-year</quote>; and</text></subparagraph><subparagraph id="H2C23E9AC973A4FD58C3301B5EDC0C31D"><enum>(B)</enum><text>by adding <quote>or</quote> at the end; </text></subparagraph></paragraph><paragraph id="HEA0B59BDC6274F4F995BC3947FB7B0EC"><enum>(3)</enum><text display-inline="yes-display-inline">in subparagraph (C), by striking <quote>; or</quote> and inserting a period; and</text></paragraph><paragraph id="HC9774DF905924C24860FB64D7B7E5F6E"><enum>(4)</enum><text>by striking subparagraph (D).</text></paragraph></subsection></section></legis-body></bill> 

