[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3323 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 3323
To update the definition of an emerging growth company, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
May 13, 2025
Mr. Steil (for himself and Mrs. Wagner) introduced the following bill;
which was referred to the Committee on Financial Services
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A BILL
To update the definition of an emerging growth company, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Helping Startups Continue To Grow
Act''.
SEC. 2. EMERGING GROWTH COMPANY CRITERIA.
(a) Securities Act of 1933.--Section 2(a)(19) of the Securities Act
of 1933 (15 U.S.C. 77b(a)(19)) is amended--
(1) by striking ``$1,000,000,000'' each place such term
appears and inserting ``$3,000,000,000'';
(2) in subparagraph (B)--
(A) by striking ``fifth'' and inserting ``10-
year''; and
(B) by adding ``or'' at the end;
(3) in subparagraph (C), by striking ``; or'' and inserting
a period; and
(4) by striking subparagraph (D).
(b) Securities Exchange Act of 1934.--Section 3(a) of the
Securities Exchange Act of 1934 (15 U.S.C. 78c(a)) is amended, in the
first paragraph (80)--
(1) by striking ``$1,000,000,000'' each place such term
appears and inserting ``$3,000,000,000'';
(2) in subparagraph (B)--
(A) by striking ``fifth'' and inserting ``10-
year''; and
(B) by adding ``or'' at the end;
(3) in subparagraph (C), by striking ``; or'' and inserting
a period; and
(4) by striking subparagraph (D).
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