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<BillSummaries>
<item congress="113" measure-type="hr" measure-number="4568" measure-id="id113hr4568" originChamber="HOUSE" orig-publish-date="2014-05-06" update-date="2014-07-18">
<title>Small Business Freedom to Grow Act of 2014</title>
<summary summary-id="id113hr4568v00" currentChamber="HOUSE" update-date="2014-07-18">
<action-date>2014-05-06</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p>Small Business Freedom to Grow Act of 2014 - Directs the Securities and Exchange Commission (SEC) to revise Form S-1 so that a smaller reporting company may incorporate by reference in a registration statement filed on that form any documents it files with the SEC after the registration statement's effective date. </p> <p>Directs the SEC to revise Form S-3 so as to permit securities to be registered pursuant to General Instruction I.B.1. of the form if either: (1) the aggregate market value of voting and non-voting common equity held by non-affiliates of the registrant is $75 million or more, or (2) the registrant has at least one class of common equity securities listed and registered on a national securities exchange.</p> <p>Requires the SEC to remove a certain listing and registration requirement from General Instruction I.B.6. of Form S-3.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<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 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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