3.0.0 2064 2023-01-11T13:27:34Z 2023-01-11T13:27:34Z House HR 2015-04-28 114 [Congressional Record Volume 161, Number 62 (Tuesday, April 28, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. FINCHER:H.R. 2064.Congress has the power to enact this legislation pursuantto the following:U.S. Constitution, Article I, Section VIII[Page H2499]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2015-07-15T19:54:49Z hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Hearings by 2015-04-29T13:36:03Z Reported by 2015-07-14T18:35:19Z Markup by 2015-05-20T14:23:00Z Referred to 2015-04-28T16:05:45Z H. Rept. 114-203 Promoting Job Creation and Reducing Small Business Burdens Act 114 37 HR 2015-01-16 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Improving Access to Capital for Emerging Growth Companies Act 114 1659 HR 2015-03-26 Referred to the House Committee on Financial Services. Related bill CRS FAST Act 114 22 HR 2015-12-04 Became Public Law No: 114-94. Related bill CRS 2015-07-15 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2015-07-14 15:06:49 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2015-07-14 15:06:48 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5147-5148) Floor H37300 2 House floor actions 2015-07-14 15:06:48 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5147-5148) Floor 8000 9 Library of Congress 2015-07-14 14:50:56 DEBATE - The House proceeded with forty minutes of debate on H.R. 2064. Floor H8D000 2 House floor actions 2015-07-14 14:50:39 Considered under suspension of the rules. (consideration: CR H5147-5149) Floor H30000 2 House floor actions 2015-07-14 14:50:30 Mr. Hurt (VA) moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2015-07-14 Placed on the Union Calendar, Calendar No. 152. Calendars H12410 2 House floor actions U00152 2015-07-14 Reported (Amended) by the Committee on Financial Services. H. Rept. 114-203. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2015-07-14 Reported (Amended) by the Committee on Financial Services. H. Rept. 114-203. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2015-05-20 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 0. Committee 2015-05-20 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2015-04-29 hsba16 Capital Markets Subcommittee 1 House committee actions Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral. Committee 2015-04-28 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2015-04-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-04-28 Introduced in House IntroReferral 1000 9 Library of Congress F000458 Rep. Fincher, Stephen Lee [R-TN-8] Stephen Fincher R TN Lee 8 N D000620 Rep. Delaney, John K. [D-MD-6] John Delaney D MD K. 6 2015-04-28 True 2015-06-18T12:00:32Z H.R. 2064, Improving Access to Capital for Emerging Growth Companies Act https://www.cbo.gov/publication/50324 As ordered reported by the House Committee on Financial Services on May 20, 2015 Finance and Financial Sector Administrative law and regulatory procedures Business investment and capital Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2015-04-28 Introduced in House 2015-05-26T20:14:22Z Improving Access To Capital For Emerging Growth Companies Act

Amends the Securities Act of 1933 to reduce from 21 to 15 the number of days before a "road show" that an emerging growth company (EGC), before its initial public offering (IPO) date, may publicly file a draft registration statement for confidential nonpublic review by the SEC.

(A financial "road show" is an offer [other than a statutory prospectus or a portion of one] that contains a presentation regarding an offering by one or more members of the issuer's management and includes discussion of one or more of the issuer, such management, and the securities being offered. Typically, a road show is a series of meetings across different cities, often before an IPO, in which top executives from a company have the opportunity to talk with current or potential investors.)

Prescribes a grace period during which an issuer that was an EGC at the time it filed a confidential registration statement (or, in lieu of that, a publicly filed registration statement) for SEC review, but ceases to be an EGC, shall continue to be treated as an emerging market growth company for one year or, if earlier, until consummation of its IPO.

Amends the Jumpstart Our Business Startups Act to direct the SEC to prescribe conditions under which a registration statement filed (or submitted for confidential review) by an issuer before its IPO may omit financial disclosure information for historical periods otherwise required.

]]> 36 2015-07-14 Passed House amended 2015-11-06T20:04:42Z Improving Access To Capital For Emerging Growth Companies Act

(Sec. 2) Amends the Securities Act of 1933 to reduce from 21 to 15 the number of days before a "road show" that an emerging growth company (EGC), before its initial public offering (IPO) date, may publicly file a draft registration statement for confidential nonpublic review by the SEC.

(A financial "road show" is an offer [other than a statutory prospectus or a portion of one] that contains a presentation regarding an offering by one or more members of the issuer's management and includes discussion of one or more of the issuer, such management, and the securities being offered. Typically, a road show is a series of meetings across different cities, often before an IPO, in which top executives from a company have the opportunity to talk with current or potential investors.)

(Sec. 3) Prescribes a grace period during which an issuer that was an EGC at the time it filed a confidential registration statement (or, in lieu of that, a publicly filed registration statement) for SEC review, but ceases to be an EGC, shall continue to be treated as an emerging market growth company for one year or, if earlier, until consummation of its IPO.

(Sec. 4) Amends the Jumpstart Our Business Startups Act to direct the SEC to prescribe conditions under which a registration statement filed (or submitted for confidential review) by an issuer before its IPO may omit financial disclosure information for historical periods otherwise required.

]]> Improving Access to Capital for Emerging Growth Companies Act Display Title Improving Access to Capital for Emerging Growth Companies Act Official Title as Introduced To amend certain provisions of the securities laws relating to the treatment of emerging growth companies. Introduced in House IH Short Titles as Passed House Improving Access to Capital for Emerging Growth Companies Act H House Short Titles as Introduced Improving Access to Capital for Emerging Growth Companies Act Short Titles as Reported to House Improving Access to Capital for Emerging Growth Companies Act H House Referred in Senate 2015-07-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2064rfs/xml/BILLS-114hr2064rfs.xml Engrossed in House 2015-07-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2064eh/xml/BILLS-114hr2064eh.xml Reported in House 2015-07-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2064rh/xml/BILLS-114hr2064rh.xml Introduced in House 2015-04-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2064ih/xml/BILLS-114hr2064ih.xml 2015-07-15 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN 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. Congressional Research Service, Library of Congress 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.