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Coronavirus EGC Extension Act

USA116th CongressS-4218| Senate 
| Updated: 7/20/2020
Thomas Tillis

Thomas Tillis

Republican Senator

North Carolina

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Coronavirus EGC Extension Act This bill extends the status of an issuer of securities as an emerging growth company. Specifically, these issuers will remain emerging growth companies until the later of one year after the date of enactment of this bill, the end of the COVID-19 (i.e., coronavirus disease 2019) emergency declaration period, and the date the issuer would otherwise cease being an emerging growth company. Emerging growth companies (in general, a newly public company with revenues below a specified threshold) are subject to reduced disclosure requirements, among other regulations.
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Timeline
Jul 16, 2020

Latest Companion Bill Action

HR 116-7661
Introduced in House
Jul 20, 2020
Introduced in Senate
Jul 20, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 16, 2020

    Latest Companion Bill Action

    HR 116-7661
    Introduced in House


  • July 20, 2020
    Introduced in Senate


  • July 20, 2020
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 116-7661: Coronavirus EGC Extension Act
Accounting and auditingBusiness investment and capitalCardiovascular and respiratory healthCorporate finance and managementEmergency medical services and trauma careGovernment information and archivesInfectious and parasitic diseasesSecuritiesSmall businessWages and earnings

Coronavirus EGC Extension Act

USA116th CongressS-4218| Senate 
| Updated: 7/20/2020
Coronavirus EGC Extension Act This bill extends the status of an issuer of securities as an emerging growth company. Specifically, these issuers will remain emerging growth companies until the later of one year after the date of enactment of this bill, the end of the COVID-19 (i.e., coronavirus disease 2019) emergency declaration period, and the date the issuer would otherwise cease being an emerging growth company. Emerging growth companies (in general, a newly public company with revenues below a specified threshold) are subject to reduced disclosure requirements, among other regulations.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 16, 2020

Latest Companion Bill Action

HR 116-7661
Introduced in House
Jul 20, 2020
Introduced in Senate
Jul 20, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 16, 2020

    Latest Companion Bill Action

    HR 116-7661
    Introduced in House


  • July 20, 2020
    Introduced in Senate


  • July 20, 2020
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Thomas Tillis

Thomas Tillis

Republican Senator

North Carolina

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 116-7661: Coronavirus EGC Extension Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accounting and auditingBusiness investment and capitalCardiovascular and respiratory healthCorporate finance and managementEmergency medical services and trauma careGovernment information and archivesInfectious and parasitic diseasesSecuritiesSmall businessWages and earnings