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    <number>2603</number>
    <updateDate>2025-05-27T14:12:00Z</updateDate>
    <updateDateIncludingText>2025-05-27T14:12:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
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    <introducedDate>2023-04-13</introducedDate>
    <congress>118</congress>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 62 (Thursday, April 13, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. LUETKEMEYER:H.R. 2603.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the U.S. Constitution: Congressshall have the power to make all laws which shall benecessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by theConstitution of the United States or inThe single subject of this legislation is:To require the Securities and Exchange Commission to revisecertain thresholds related to smaller reporting companies,accelerated filers, and large accelerated filers, and forother purposes.[Page H1727]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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            <name>Referred To</name>
            <date>2023-04-13T15:03:40Z</date>
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    <relatedBills>
      <item>
        <title>Expanding Access to Capital Act of 2023</title>
        <congress>118</congress>
        <number>2799</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2024-03-11</actionDate>
          <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <text>Referred to the House Committee on Financial Services.</text>
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    <sponsors>
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        <bioguideId>L000569</bioguideId>
        <fullName>Rep. Luetkemeyer, Blaine [R-MO-3]</fullName>
        <firstName>Blaine</firstName>
        <lastName>Luetkemeyer</lastName>
        <party>R</party>
        <state>MO</state>
        <district>3</district>
        <isByRequest>N</isByRequest>
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      <name>Finance and Financial Sector</name>
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      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-04-19T18:30:21Z</updateDate>
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        <updateDate>2023-09-27T19:57:38Z</updateDate>
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          <text>&lt;p class="MsoNormal" style="line-height: normal;"&gt;This bill requires the Securities and Exchange Commission (SEC) to increase threshold amounts that qualify companies as smaller reporting companies, accelerated filers, and large accelerated filers for purposes of SEC reporting requirements. The bill (1) increases the revenue and public float amounts under which a company qualifies as a smaller reporting company, (2) changes threshold requirements for smaller reporting companies from annual revenues to three-year rolling average revenues, (3) increases the aggregate worldwide market value of equity for a company to qualify as a large accelerated filer, (4) increases the market values below which a company exits accelerated filer or large accelerated filer status, and (5) excludes smaller reporting companies from status as accelerated filers or large accelerated filers.&amp;nbsp; &lt;/p&gt;</text>
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    <title>To require the Securities and Exchange Commission to revise certain thresholds related to smaller reporting companies, accelerated filers, and large accelerated filers, and for other purposes.</title>
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        <titleType>Display Title</titleType>
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        <title>To require the Securities and Exchange Commission to revise certain thresholds related to smaller reporting companies, accelerated filers, and large accelerated filers, and for other purposes.</title>
        <updateDate>2024-07-24T15:22:52Z</updateDate>
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        <title>To require the Securities and Exchange Commission to revise certain thresholds related to smaller reporting companies, accelerated filers, and large accelerated filers, and for other purposes.</title>
        <updateDate>2024-03-18T20:36:57Z</updateDate>
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        <type>Introduced in House</type>
        <date>2023-04-13T04:00:00Z</date>
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    <latestAction>
      <actionDate>2023-04-13</actionDate>
      <text>Referred to the House Committee on Financial Services.</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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