[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2864 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 210
115th CONGRESS
  1st Session
                                H. R. 2864

                          [Report No. 115-292]

   To direct the Securities and Exchange Commission to allow certain 
  issuers to be exempt from registration requirements, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              June 8, 2017

Ms. Sinema (for herself and Mr. Hollingsworth) introduced the following 
    bill; which was referred to the Committee on Financial Services

                           September 5, 2017

   Additional sponsors: Mr. Williams, Mr. Hill, Mr. Messer, and Mr. 
                                Sherman

                           September 5, 2017

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
[For text of introduced bill, see copy of bill as introduced on June 8, 
                                 2017]


_______________________________________________________________________

                                 A BILL


 
   To direct the Securities and Exchange Commission to allow certain 
  issuers to be exempt from registration requirements, and for other 
                               purposes.


 


    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. APPLICATION OF EXEMPTION.

    The Securities and Exchange Commission shall amend--
            (1) section 230.251 of title 17, Code of Federal 
        Regulations, to remove the requirement that the issuer not be 
        subject to section 13 or 15(d) of the Securities Exchange Act 
        of 1934 (15 U.S.C. 78a et seq.) immediately before the 
        offering; and
            (2) section 230.257 of title 17, Code of Federal 
        Regulations, with respect to an offering described in section 
        230.251(a)(2) of title 17, Code of Federal Regulations, to deem 
        any issuer that is subject to section 13 or 15(d) of the 
        Securities Exchange Act of 1934 as having met the periodic and 
        current reporting requirements of section 230.257 of title 17, 
        Code of Federal Regulations, if such issuer meets the reporting 
        requirements of section 13 of the Securities Exchange Act of 
        1934.
                                                 Union Calendar No. 210

115th CONGRESS

  1st Session

                               H. R. 2864

                          [Report No. 115-292]

_______________________________________________________________________

                                 A BILL

   To direct the Securities and Exchange Commission to allow certain 
  issuers to be exempt from registration requirements, and for other 
                               purposes.

_______________________________________________________________________

                           September 5, 2017

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed