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To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.

USA118th CongressHR-2608| House 
| Updated: 6/6/2023
Patrick T. McHenry

Patrick T. McHenry

Republican Representative

North Carolina

Financial Services Committee, Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill limits the financial information an emerging growth company must submit to the Securities and Exchange Commission. Specifically, an emerging growth company is not required to present a financial statement for any period prior to the earliest audited period of the emerging growth company in connection with its initial public offering, such as a statement for an acquired company.

Bill Text Versions

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4 versions available

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Timeline

Bill from Previous Congress

HR 117-9411
To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.
Apr 13, 2023
Introduced in House
Apr 13, 2023
Referred to the House Committee on Financial Services.
Apr 26, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 0.
Apr 26, 2023
Committee Consideration and Mark-up Session Held.
Jun 5, 2023
Placed on the Union Calendar, Calendar No. 65.
Jun 5, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-88.
Jun 5, 2023
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Jun 5, 2023
Considered under suspension of the rules. (consideration: CR H2723-2725)
Jun 5, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 2608.
Jun 5, 2023
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)
Jun 5, 2023
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)
Jun 5, 2023
Motion to reconsider laid on the table Agreed to without objection.
Jun 6, 2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    HR 117-9411
    To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.


  • April 13, 2023
    Introduced in House


  • April 13, 2023
    Referred to the House Committee on Financial Services.


  • April 26, 2023
    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 0.


  • April 26, 2023
    Committee Consideration and Mark-up Session Held.


  • June 5, 2023
    Placed on the Union Calendar, Calendar No. 65.


  • June 5, 2023
    Reported (Amended) by the Committee on Financial Services. H. Rept. 118-88.


  • June 5, 2023
    Mrs. Wagner moved to suspend the rules and pass the bill, as amended.


  • June 5, 2023
    Considered under suspension of the rules. (consideration: CR H2723-2725)


  • June 5, 2023
    DEBATE - The House proceeded with forty minutes of debate on H.R. 2608.


  • June 5, 2023
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)


  • June 5, 2023
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)


  • June 5, 2023
    Motion to reconsider laid on the table Agreed to without objection.


  • June 6, 2023
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Accounting and auditingAdministrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)

To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.

USA118th CongressHR-2608| House 
| Updated: 6/6/2023
This bill limits the financial information an emerging growth company must submit to the Securities and Exchange Commission. Specifically, an emerging growth company is not required to present a financial statement for any period prior to the earliest audited period of the emerging growth company in connection with its initial public offering, such as a statement for an acquired company.

Bill Text Versions

View Text
4 versions available

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 117-9411
To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.
Apr 13, 2023
Introduced in House
Apr 13, 2023
Referred to the House Committee on Financial Services.
Apr 26, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 0.
Apr 26, 2023
Committee Consideration and Mark-up Session Held.
Jun 5, 2023
Placed on the Union Calendar, Calendar No. 65.
Jun 5, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-88.
Jun 5, 2023
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Jun 5, 2023
Considered under suspension of the rules. (consideration: CR H2723-2725)
Jun 5, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 2608.
Jun 5, 2023
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)
Jun 5, 2023
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)
Jun 5, 2023
Motion to reconsider laid on the table Agreed to without objection.
Jun 6, 2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    HR 117-9411
    To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.


  • April 13, 2023
    Introduced in House


  • April 13, 2023
    Referred to the House Committee on Financial Services.


  • April 26, 2023
    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 0.


  • April 26, 2023
    Committee Consideration and Mark-up Session Held.


  • June 5, 2023
    Placed on the Union Calendar, Calendar No. 65.


  • June 5, 2023
    Reported (Amended) by the Committee on Financial Services. H. Rept. 118-88.


  • June 5, 2023
    Mrs. Wagner moved to suspend the rules and pass the bill, as amended.


  • June 5, 2023
    Considered under suspension of the rules. (consideration: CR H2723-2725)


  • June 5, 2023
    DEBATE - The House proceeded with forty minutes of debate on H.R. 2608.


  • June 5, 2023
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)


  • June 5, 2023
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)


  • June 5, 2023
    Motion to reconsider laid on the table Agreed to without objection.


  • June 6, 2023
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Patrick T. McHenry

Patrick T. McHenry

Republican Representative

North Carolina

Financial Services Committee, Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accounting and auditingAdministrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)