Legis Daily

Greenlighting Growth Act

USA119th CongressHR-3343| House 
| Updated: 7/22/2025
Mike Haridopolos

Mike Haridopolos

Republican Representative

Florida

Cosponsors (1)
Ann Wagner (Republican)

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

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill, the Greenlighting Growth Act , amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to reduce financial reporting requirements for emerging growth companies (EGCs). It specifies that EGCs, and companies that were formerly EGCs, are not required to present acquired company financial statements or related information for any period prior to the earliest audited period presented in connection with their initial public offering or application. This aims to streamline the compliance process by limiting the historical financial data these growing businesses must provide.

Bill Text Versions

View Text
4 versions available

Suggested Questions

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Timeline
May 13, 2025
Introduced in House
May 13, 2025
Referred to the House Committee on Financial Services.
May 20, 2025
Committee Consideration and Mark-up Session Held
May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2.
Jun 3, 2025
Placed on the Union Calendar, Calendar No. 89.
Jun 3, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-119.
Jul 21, 2025
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jul 21, 2025
Considered under suspension of the rules. (consideration: CR H3503-3504)
Jul 21, 2025
Considered under suspension of the rules. (consideration: CR H3503-3504: 1)
Jul 21, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 3343.
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
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
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
Motion to reconsider laid on the table Agreed to without objection.
Jul 22, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 19, 2025

Latest Companion Bill Action

S 119-3216
Introduced in Senate
  • May 13, 2025
    Introduced in House


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


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


  • May 20, 2025
    Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2.


  • June 3, 2025
    Placed on the Union Calendar, Calendar No. 89.


  • June 3, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-119.


  • July 21, 2025
    Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.


  • July 21, 2025
    Considered under suspension of the rules. (consideration: CR H3503-3504)


  • July 21, 2025
    Considered under suspension of the rules. (consideration: CR H3503-3504: 1)


  • July 21, 2025
    DEBATE - The House proceeded with forty minutes of debate on H.R. 3343.


  • July 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)


  • July 21, 2025
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.


  • July 21, 2025
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3503)


  • July 21, 2025
    Motion to reconsider laid on the table Agreed to without objection.


  • July 22, 2025
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • November 19, 2025

    Latest Companion Bill Action

    S 119-3216
    Introduced in Senate

Finance and Financial Sector

Related Bills

  • S 119-3216: Greenlighting Growth Act
Accounting and auditingAdministrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)

Greenlighting Growth Act

USA119th CongressHR-3343| House 
| Updated: 7/22/2025
This bill, the Greenlighting Growth Act , amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to reduce financial reporting requirements for emerging growth companies (EGCs). It specifies that EGCs, and companies that were formerly EGCs, are not required to present acquired company financial statements or related information for any period prior to the earliest audited period presented in connection with their initial public offering or application. This aims to streamline the compliance process by limiting the historical financial data these growing businesses must provide.

Bill Text Versions

View Text
4 versions available

Suggested Questions

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

Timeline
May 13, 2025
Introduced in House
May 13, 2025
Referred to the House Committee on Financial Services.
May 20, 2025
Committee Consideration and Mark-up Session Held
May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2.
Jun 3, 2025
Placed on the Union Calendar, Calendar No. 89.
Jun 3, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-119.
Jul 21, 2025
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jul 21, 2025
Considered under suspension of the rules. (consideration: CR H3503-3504)
Jul 21, 2025
Considered under suspension of the rules. (consideration: CR H3503-3504: 1)
Jul 21, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 3343.
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
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
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
Motion to reconsider laid on the table Agreed to without objection.
Jul 22, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 19, 2025

Latest Companion Bill Action

S 119-3216
Introduced in Senate
  • May 13, 2025
    Introduced in House


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


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


  • May 20, 2025
    Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2.


  • June 3, 2025
    Placed on the Union Calendar, Calendar No. 89.


  • June 3, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-119.


  • July 21, 2025
    Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.


  • July 21, 2025
    Considered under suspension of the rules. (consideration: CR H3503-3504)


  • July 21, 2025
    Considered under suspension of the rules. (consideration: CR H3503-3504: 1)


  • July 21, 2025
    DEBATE - The House proceeded with forty minutes of debate on H.R. 3343.


  • July 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)


  • July 21, 2025
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.


  • July 21, 2025
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3503)


  • July 21, 2025
    Motion to reconsider laid on the table Agreed to without objection.


  • July 22, 2025
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • November 19, 2025

    Latest Companion Bill Action

    S 119-3216
    Introduced in Senate
Mike Haridopolos

Mike Haridopolos

Republican Representative

Florida

Cosponsors (1)
Ann Wagner (Republican)

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

Finance and Financial Sector

Related Bills

  • S 119-3216: Greenlighting Growth Act
  • 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)