Legis Daily

Helping Startups Continue To Grow Act

USA119th CongressHR-3323| House 
| Updated: 6/4/2025
Bryan Steil

Bryan Steil

Republican Representative

Wisconsin

Cosponsors (2)
Sam T. Liccardo (Democratic)Ann Wagner (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
The "Helping Startups Continue To Grow Act" aims to update and expand the criteria for an emerging growth company (EGC) under both the Securities Act of 1933 and the Securities Exchange Act of 1934. This legislation significantly increases the maximum annual gross revenue a company can have while maintaining EGC status, raising it from $1 billion to $3 billion . Additionally, the bill extends the period during which a company can be considered an EGC, changing the previous five-year limit to a ten-year anniversary from its initial public offering. These modifications are designed to allow more companies to benefit from the reduced regulatory requirements associated with EGC status for a longer duration, potentially fostering growth and innovation, and also include minor technical corrections to existing securities law references.

Bill Text Versions

View Text
2 versions available

Suggested Questions

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Timeline

Bill from Previous Congress

HR 116-4918
Helping Startups Continue to Grow Act

Bill from Previous Congress

HR 118-2624
Helping Startups Continue To Grow Act

Bill from Previous Congress

HR 117-3448
Helping Startups Continue To Grow Act

Bill from Previous Congress

HR 115-6130
Helping Startups Continue to Grow Act
May 13, 2025
Introduced in House
May 13, 2025
Referred to the House Committee on Financial Services.
May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 20.
May 20, 2025
Committee Consideration and Mark-up Session Held
Jun 4, 2025
Placed on the Union Calendar, Calendar No. 102.
Jun 4, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-133.
  • Bill from Previous Congress

    HR 116-4918
    Helping Startups Continue to Grow Act


  • Bill from Previous Congress

    HR 118-2624
    Helping Startups Continue To Grow Act


  • Bill from Previous Congress

    HR 117-3448
    Helping Startups Continue To Grow Act


  • Bill from Previous Congress

    HR 115-6130
    Helping Startups Continue to Grow Act


  • May 13, 2025
    Introduced in House


  • May 13, 2025
    Referred to the House Committee on Financial Services.


  • May 20, 2025
    Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 20.


  • May 20, 2025
    Committee Consideration and Mark-up Session Held


  • June 4, 2025
    Placed on the Union Calendar, Calendar No. 102.


  • June 4, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-133.

Finance and Financial Sector

Business investment and capitalCompetition and antitrustSmall business

Helping Startups Continue To Grow Act

USA119th CongressHR-3323| House 
| Updated: 6/4/2025
The "Helping Startups Continue To Grow Act" aims to update and expand the criteria for an emerging growth company (EGC) under both the Securities Act of 1933 and the Securities Exchange Act of 1934. This legislation significantly increases the maximum annual gross revenue a company can have while maintaining EGC status, raising it from $1 billion to $3 billion . Additionally, the bill extends the period during which a company can be considered an EGC, changing the previous five-year limit to a ten-year anniversary from its initial public offering. These modifications are designed to allow more companies to benefit from the reduced regulatory requirements associated with EGC status for a longer duration, potentially fostering growth and innovation, and also include minor technical corrections to existing securities law references.

Bill Text Versions

View Text
2 versions available

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 116-4918
Helping Startups Continue to Grow Act

Bill from Previous Congress

HR 118-2624
Helping Startups Continue To Grow Act

Bill from Previous Congress

HR 117-3448
Helping Startups Continue To Grow Act

Bill from Previous Congress

HR 115-6130
Helping Startups Continue to Grow Act
May 13, 2025
Introduced in House
May 13, 2025
Referred to the House Committee on Financial Services.
May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 20.
May 20, 2025
Committee Consideration and Mark-up Session Held
Jun 4, 2025
Placed on the Union Calendar, Calendar No. 102.
Jun 4, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-133.
  • Bill from Previous Congress

    HR 116-4918
    Helping Startups Continue to Grow Act


  • Bill from Previous Congress

    HR 118-2624
    Helping Startups Continue To Grow Act


  • Bill from Previous Congress

    HR 117-3448
    Helping Startups Continue To Grow Act


  • Bill from Previous Congress

    HR 115-6130
    Helping Startups Continue to Grow Act


  • May 13, 2025
    Introduced in House


  • May 13, 2025
    Referred to the House Committee on Financial Services.


  • May 20, 2025
    Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 20.


  • May 20, 2025
    Committee Consideration and Mark-up Session Held


  • June 4, 2025
    Placed on the Union Calendar, Calendar No. 102.


  • June 4, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-133.
Bryan Steil

Bryan Steil

Republican Representative

Wisconsin

Cosponsors (2)
Sam T. Liccardo (Democratic)Ann Wagner (Republican)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business investment and capitalCompetition and antitrustSmall business