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    <number>4697</number>
    <updateDate>2023-01-11T13:26:27Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:26:27Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2014-05-21</introducedDate>
    <congress>113</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. McCARTHY of California:H.R. 4697.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8By Mr. PALAZZO.H.R. 4698.Congress has the power to enact this legislation pursuantto the following:(1) Article I Section 8--The Commerce Clause, grantingCongress the power to regulate commerce among the severalStates;(2) Article I, Section 8--The Necessary and Proper Clause,granting Congress the power to make all laws which arenecessary and proper for carrying into Execution the powersvested by the Constitution of the United States; and(3) The 14th Amendment, granting Congress the power toensure equal protection under the laws.[Page H4784]</pre>]]></constitutionalAuthorityStatementText>
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            <name>Capital Markets Subcommittee</name>
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                <name>Hearings by</name>
                <date>2014-04-09T20:54:58Z</date>
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            <name>Markup by</name>
            <date>2014-06-11T17:49:04Z</date>
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            <name>Referred to</name>
            <date>2014-05-21T14:02:05Z</date>
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        <text>Ordered to be Reported by the Yeas and Nays: 32 - 27.</text>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <actionDate>2014-05-21</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <text>Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.</text>
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    <sponsors>
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        <bioguideId>M001165</bioguideId>
        <fullName>Rep. McCarthy, Kevin [R-CA-23]</fullName>
        <firstName>Kevin</firstName>
        <lastName>McCarthy</lastName>
        <party>R</party>
        <state>CA</state>
        <district>23</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
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          <name>Administrative law and regulatory procedures</name>
        </item>
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          <name>Business investment and capital</name>
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          <name>Corporate finance and management</name>
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      <summary>
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        <actionDate>2014-05-21</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2014-07-23T21:33:56Z</updateDate>
        <text><![CDATA[ <p>Small-Cap Access to Capital Act - Directs the Securities and Exchange Commission (SEC) to revise its definition of a well-known seasoned issuer to: (1) reduce from $700 million to $250 million the dollar amount of the issuer's worldwide market value of outstanding voting and non-voting common equity held by non-affiliates, and (2) prohibit an emerging growth company from qualifying as a well-known seasoned issuer.</p>]]></text>
      </summary>
    </summaries>
    <title>Small-Cap Access to Capital Act</title>
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        <titleType>Display Title</titleType>
        <title>Small-Cap Access to Capital Act</title>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require the Securities and Exchange Commission to revise the definition of a well-known seasoned issuer to reduce the worldwide market value threshold under the definition.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
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        <titleType>Short Titles as Introduced</titleType>
        <title>Small-Cap Access to Capital Act</title>
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        <type>Introduced in House</type>
        <date>2014-05-21T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-113hr4697ih/xml/BILLS-113hr4697ih.xml</url>
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    <latestAction>
      <actionDate>2014-06-11</actionDate>
      <text>Ordered to be Reported by the Yeas and Nays: 32 - 27.</text>
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    <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>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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