HR 3343 · Greenlighting Growth Act
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced
- May 13, 2025
- Latest action
- Jul 22, 2025
- Sponsor
- Rep. Mike Haridopolos [R-FL-8]
- Policy area
- Finance and Financial Sector
- Cosponsors
- 1
Summary
Greenlighting Growth Act This bill limits the financial information an emerging growth company (EGC) must submit to the Securities and Exchange Commission. An EGC is a type of issuer that qualifies for reduced disclosures after its initial public offering (IPO) if its annual gross revenues are below a specific dollar amount. For example, an EGC must currently provide two years of financial statements after its IPO, rather than the three required for other companies. Under the bill, an emerging growth company is not required to present certain financial statements from acquired companies. This applies to statements from the time period prior to the earliest audited period presented in connection with the EGC’s IPO. In addition, the bill provides that no issuer that was formerly an EGC is required to present financial statements older than its earliest audit performed in connection with its IPO.
Recent actions
- Jul 22, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jul 21, 2025 Motion to reconsider laid on the table Agreed to without objection.
- Jul 21, 2025 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3503)
- Jul 21, 2025 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3503)
- Jul 21, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 3343.
- Jul 21, 2025 Considered under suspension of the rules. (consideration: CR H3503-3504)
- Jul 21, 2025 Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
- Jun 3, 2025 Placed on the Union Calendar, Calendar No. 89.
Votes
No recorded votes are available for this bill.