3.0.0 7067 2022-02-09T03:26:35Z 2022-02-09T03:26:35Z House HR 2020-06-01 116 [Congressional Record Volume 166, Number 101 (Monday, June 1, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BUDD:H.R. 7067.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8 of the U.S. Constitution[Page H2363]]]> hsba00 Financial Services Committee House Standing Referred to 2020-06-01T13:00:10Z Encouraging Public Offerings Act of 2019 116 536 S 2019-02-25 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2020-06-01 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2020-06-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-06-01 Introduced in House IntroReferral 1000 9 Library of Congress B001305 Rep. Budd, Ted [R-NC-13] Ted Budd R NC 13 N Finance and Financial Sector Financial services and investments Government information and archives Securities Finance and Financial Sector 00 2020-06-01 Introduced in House 2020-06-30T21:35:23Z Encouraging Public Offerings Act of 2020

This bill allows an issuer 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). Under current law, only emerging growth companies may engage in such communications.

The bill also allows an issuer to submit a confidential draft registration statement to the Securities and Exchange Commission for review prior to public filing or within one year after the initial public offering or registration.

]]> Encouraging Public Offerings Act of 2020 Display Title Encouraging Public Offerings Act of 2020 Official Title as Introduced To amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes. Introduced in House IH Short Title(s) as Introduced Encouraging Public Offerings Act of 2020 Introduced in House IH Introduced in House 2020-06-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr7067ih/xml/BILLS-116hr7067ih.xml 2020-06-01 Referred to the House Committee on Financial Services. 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.