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HR 3301 119th Congress House Finance and Financial Sector

ELEVATE Act of 2025

Introduced: May 8, 2025 Introduced by: Nunn, Zachary Republican · Iowa See on congress.gov
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 Everywhere this bill has been 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 23, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jun 23, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)
Jun 23, 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 H2871)
Jun 23, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 3301.
Jun 23, 2025
Considered under suspension of the rules. (consideration: CR H2871-2872)
Jun 23, 2025
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Jun 3, 2025
Placed on the Union Calendar, Calendar No. 91.
Jun 3, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.
May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
May 20, 2025
Committee Consideration and Mark-up Session Held
May 8, 2025
Referred to the House Committee on Financial Services.
May 8, 2025
Introduced in House
 Plain-English summary Congressional Research Service

This bill provides statutory authority for certain requirements related to registration statements submitted to the Securities and Exchange Commission (SEC).

First, the bill allows under statute an emerging growth company to submit profit and loss statements from the previous two years, rather than the previous three years as is required of other reporting companies. In addition, the bill allows under statute any issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.

What's happening now June 24, 2025

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