Greenlighting Growth Act
United States119th CongressHR-3343House of Representatives
Updated: Jul 22, 2025
Summary
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 texts
Timeline
Latest companion bill action
S-3216: Greenlighting Growth ActRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3503)
House of Representatives
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)
Motion to reconsider laid on the table Agreed to without objection.
House of Representatives
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate