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Encouraging Public Offerings Act of 2023

USA118th CongressS-3030| Senate 
| Updated: 10/4/2023
Ted Budd

Ted Budd

Republican Senator

North Carolina

Cosponsors (3)
Thomas Tillis (Republican)Chris Van Hollen (Democratic)Raphael G. Warnock (Democratic)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Encouraging Public Offerings Act of 2023 This bill provides statutory authority for all issuers of securities to use certain offering procedures that are available to emerging growth companies. Specifically, the bill allows under statute issuers of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., test the waters ). Additionally, issuers are allowed under statute to submit a confidential draft registration statement to the Securities and Exchange Commission for review prior to public filing or within one year after the initial public offering or registration.
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Timeline

Bill from Previous Congress

S 116-536
Encouraging Public Offerings Act of 2019
Jun 6, 2023

Latest Companion Bill Action

HR 118-2793
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 4, 2023
Introduced in Senate
Oct 4, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-536
    Encouraging Public Offerings Act of 2019


  • June 6, 2023

    Latest Companion Bill Action

    HR 118-2793
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • October 4, 2023
    Introduced in Senate


  • October 4, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 118-2793: Encouraging Public Offerings Act of 2023

Encouraging Public Offerings Act of 2023

USA118th CongressS-3030| Senate 
| Updated: 10/4/2023
Encouraging Public Offerings Act of 2023 This bill provides statutory authority for all issuers of securities to use certain offering procedures that are available to emerging growth companies. Specifically, the bill allows under statute issuers of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., test the waters ). Additionally, issuers are allowed under statute to submit a confidential draft registration statement to the Securities and Exchange Commission for review prior to public filing or within one year after the initial public offering or registration.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 116-536
Encouraging Public Offerings Act of 2019
Jun 6, 2023

Latest Companion Bill Action

HR 118-2793
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 4, 2023
Introduced in Senate
Oct 4, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-536
    Encouraging Public Offerings Act of 2019


  • June 6, 2023

    Latest Companion Bill Action

    HR 118-2793
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • October 4, 2023
    Introduced in Senate


  • October 4, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Ted Budd

Ted Budd

Republican Senator

North Carolina

Cosponsors (3)
Thomas Tillis (Republican)Chris Van Hollen (Democratic)Raphael G. Warnock (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 118-2793: Encouraging Public Offerings Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted