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    <number>2608</number>
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    <introducedDate>2023-04-13</introducedDate>
    <congress>118</congress>
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      <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. McHENRY:H.R. 2608.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 3:To regulate commerce with states, other nations, and NativeAmerican tribes.Article 1, Section 8, Clause 18:Authority to create laws that are necessary and proper tocarry out the laws of the landThe single subject of this legislation is:Establishes that an EGC, as well as any issuer that wentpublic using EGC disclosure obligations, need not providefinancial statements for any period preceding the earliestperiod required to be presented in the IPO registrationstatement.[Page H1727]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 2608.</text>
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        <text>Mrs. Wagner moved to suspend the rules and pass the bill, as amended.</text>
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        <text>Placed on the Union Calendar, Calendar No. 65.</text>
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        <text>Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 0.</text>
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        <bioguideId>M001156</bioguideId>
        <fullName>Rep. McHenry, Patrick T. [R-NC-10]</fullName>
        <firstName>Patrick</firstName>
        <lastName>McHenry</lastName>
        <party>R</party>
        <state>NC</state>
        <district>10</district>
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      <item>
        <pubDate>2023-05-26T21:28:00Z</pubDate>
        <title>H.R. 2608, a bill to amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes</title>
        <url>https://www.cbo.gov/publication/59217</url>
        <description>As ordered reported by the House Committee on Financial Services on April 26, 2023</description>
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          <updateDate>2023-06-07T20:15:25Z</updateDate>
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          <updateDate>2023-06-07T20:15:25Z</updateDate>
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        <updateDate>2023-04-19T18:30:21Z</updateDate>
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        <actionDate>2023-04-13</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-05-30T13:49:51Z</updateDate>
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          <text>&lt;p&gt;This bill limits the financial information an emerging growth company must submit to the Securities and Exchange Commission. Specifically, an emerging growth company is not required to present a financial statement for any period prior to the earliest audited period of the emerging growth company in connection with its initial public offering, such as a statement for an acquired company.&lt;/p&gt;</text>
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      <summary>
        <versionCode>53</versionCode>
        <actionDate>2023-06-05</actionDate>
        <actionDesc>Passed House</actionDesc>
        <updateDate>2023-09-18T13:16:12Z</updateDate>
        <cdata>
          <text>&lt;p&gt;This bill limits the financial information an emerging growth company must submit to the Securities and Exchange Commission. Specifically, an emerging growth company is not required to present a financial statement for any period prior to the earliest audited period of the emerging growth company in connection with its initial public offering, such as a statement for an acquired company.&lt;/p&gt;</text>
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    <title>To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.</title>
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        <titleType>Display Title</titleType>
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        <title>To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.</title>
        <updateDate>2024-07-24T15:22:00Z</updateDate>
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        <titleType>Official Title as Introduced</titleType>
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        <title>To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.</title>
        <updateDate>2024-03-18T20:56:35Z</updateDate>
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      <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</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>
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