3.0.0
2792
2025-05-27T14:16:33Z
2025-05-27T14:16:33Z
House
H
HR
2023-04-20
118
[Congressional Record Volume 169, Number 66 (Thursday, April 20, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. WAGNER:H.R. 2792.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the U.S. ConstitutionThe single subject of this legislation is:This bill requires the Securities and Exchange Commissionto carry out a study and rulemaking on the definition of theterm ``small entity'' for purposes of the securities laws.[Page H1912]
- ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Standing
  - Referred To
2023-06-01T00:30:29Z
- hsba00
Financial Services Committee
House
Standing
  - Reported By
2023-05-30T18:36:26Z
  - Markup By
2023-04-26T15:14:05Z
  - Referred To
2023-04-20T13:07:10Z
H. Rept. 118-80

- Small Entity Update Act
118
4400
S
2024-05-23
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  - Related bill
CRS

- Empowering Main Street in America Act of 2024
118
5139
S
2024-09-23
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  - Related bill
CRS
- 2023-05-31
  - 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
- 2023-05-30
19:05:48
Motion to reconsider laid on the table Agreed to without objection.
Floor
H38310
2
House floor actions
- 2023-05-30
19:05:47
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 367 - 8 (Roll no. 238). (text: CR H2652)
Floor
H37300
2
House floor actions
238
https://clerk.house.gov/evs/2023/roll238.xml
House
118
2023-05-30T23:05:47Z
1
- 2023-05-30
19:05:47
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 367 - 8 (Roll no. 238). (text: CR H2652)
Floor
8000
9
Library of Congress
238
https://clerk.house.gov/evs/2023/roll238.xml
House
118
2023-05-30T23:05:47Z
1
- 2023-05-30
18:31:47
Considered as unfinished business. (consideration: CR H2661-2662)
Floor
H30000
2
House floor actions
- 2023-05-30
16:39:37
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Floor
H37220
2
House floor actions
- 2023-05-30
16:31:44
DEBATE - The House proceeded with forty minutes of debate on H.R. 2792.
Floor
H8D000
2
House floor actions
- 2023-05-30
16:31:42
Considered under suspension of the rules. (consideration: CR H2652-2653)
Floor
H30000
2
House floor actions
- 2023-05-30
16:31:14
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Floor
H30300
2
House floor actions
- 2023-05-30
Placed on the Union Calendar, Calendar No. 59.
Calendars
H12410
2
House floor actions
U00059
- 2023-05-30
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-80.
Committee
H12200
2
House floor actions
  - hsba00
Financial Services Committee
- 2023-05-30
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-80.
Committee
5000
9
Library of Congress
  - hsba00
Financial Services Committee
- 2023-04-26
  - hsba00
Financial Services Committee
1
House committee actions
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 42 - 0.
Committee
- 2023-04-26
  - hsba00
Financial Services Committee
1
House committee actions
Committee Consideration and Mark-up Session Held.
Committee
- 2023-04-20
Referred to the House Committee on Financial Services.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2023-04-20
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-04-20
Introduced in House
IntroReferral
1000
9
Library of Congress
- W000812
Rep. Wagner, Ann [R-MO-2]
Ann
Wagner
R
MO
2
N
- H001047
Rep. Himes, James A. [D-CT-4]
James
Himes
D
CT
A.
4
2023-04-24
False
- S001157
Rep. Scott, David [D-GA-13]
David
Scott
D
GA
13
2023-04-24
False
- T000486
Rep. Torres, Ritchie [D-NY-15]
Ritchie
Torres
D
NY
15
2023-04-25
False
- L000599
Rep. Lawler, Michael [R-NY-17]
Michael
Lawler
R
NY
17
2023-04-25
False
- C001117
Rep. Casten, Sean [D-IL-6]
Sean
Casten
D
IL
6
2023-04-25
False
- 2023-05-26T21:27:00Z

H.R. 2792, Small Entity Update Act
https://www.cbo.gov/publication/59215
As ordered reported by the House Committee on Financial Services on April 26, 2023
- 2023-05-26T21:27:00Z

H.R. 2792, Small Entity Update Act
https://www.cbo.gov/publication/59215
As ordered reported by the House Committee on Financial Services on April 26, 2023
Finance and Financial Sector
- Administrative law and regulatory procedures
2023-05-26T16:15:20Z
- Congressional oversight
2023-05-26T16:15:20Z
- Government studies and investigations
2023-05-26T16:15:20Z
- Securities and Exchange Commission (SEC)
2023-05-26T16:15:20Z
- Small business
2023-05-26T16:15:20Z
Finance and Financial Sector
2023-04-26T14:00:20Z
00
2023-04-20
Introduced in House
2023-06-01T17:43:47Z
Small Entity Update Act
This bill requires the Securities and Exchange Commission (SEC) to report on and revise the definition of small entity every five years. Agencies are required to consider the impact of their rules on small entities under the Regulatory Flexibility Act.
Under the bill, the SEC must provide specific and detailed recommendations to Congress on how the SEC can revise the definition of small entity to (1) align with specified statutory goals, including reducing unnecessary burdens on small entities; and (2) expand the number of entities covered.
The SEC must also issue a proposed rule to implement these recommendations.
53
2023-05-30
Passed House
2023-10-30T13:00:46Z
Small Entity Update Act
This bill requires the Securities and Exchange Commission (SEC) to report on and revise the definition of small entity. Agencies are required to consider the impact of their rules on small entities under the Regulatory Flexibility Act.
Under the bill, the SEC must provide specific and detailed recommendations to Congress on how the SEC can revise the definition of small entity to (1) align with specified statutory goals, including reducing unnecessary burdens on small entities; and (2) expand the number of entities covered. In addition, the SEC must adjust the appropriate dollar amounts for inflation every five years.
The SEC must also revise the applicable rules to implement these recommendations.

Small Entity Update Act
- Display Title
45

Small Entity Update Act
2024-07-24T15:18:18Z
- Short Titles from RFS (Referred to Senate) bill text
255

Small Entity Update Act
2024-07-24T15:16:09Z
S
Senate
Referred in Senate
RFS
- Short Title(s) as Introduced
101

Small Entity Update Act
2024-05-24T13:40:51Z
Introduced in House
IH
- Short Title(s) as Reported to House
102

Small Entity Update Act
2024-05-24T13:39:52Z
H
House
Reported in House
RH
- Short Title(s) as Passed House
104

Small Entity Update Act
2024-05-24T13:39:51Z
H
House
Engrossed in House
EH
- Official Title as Introduced
6

To require the Securities and Exchange Commission to carry out a study and rulemaking on the definition of the term "small entity" for purposes of the securities laws, and for other purposes.
2024-03-18T20:55:16Z
Introduced in House
IH
- Referred in Senate
2023-05-31T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr2792rfs/xml/BILLS-118hr2792rfs.xml
- Engrossed in House
2023-05-30T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr2792eh/xml/BILLS-118hr2792eh.xml
- Reported in House
2023-05-30T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr2792rh/xml/BILLS-118hr2792rh.xml
- Introduced in House
2023-04-20T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr2792ih/xml/BILLS-118hr2792ih.xml
2023-05-31
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.