[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3323 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 102
119th CONGRESS
  1st Session
                                H. R. 3323

                          [Report No. 119-133]

 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

                              June 4, 2025

                    Additional sponsor: Mr. Liccardo

                              June 4, 2025

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
[For text of introduced bill, see copy of bill as introduced on May 13, 
                                 2025]


_______________________________________________________________________

                                 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).
    (c) Technical Correction.--
            (1) Section 3(a) of the Securities Exchange Act of 1934 (15 
        U.S.C. 78c(a)) is amended by redesignating the second paragraph 
        (80) as paragraph (81).
            (2) Section 4A(a)(1)(B) of the Securities Act of 1933 (77d-
        1(a)(1)(B)) is amended by striking ``section 3(a)(80)'' and 
        inserting ``section 3(a)''.
                                                 Union Calendar No. 102

119th CONGRESS

  1st Session

                               H. R. 3323

                          [Report No. 119-133]

_______________________________________________________________________

                                 A BILL

 To update the definition of an emerging growth company, and for other 
                               purposes.

_______________________________________________________________________

                              June 4, 2025

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed