HOUSE 3301119th CongressReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

ELEVATE Act of 2025

Last Action: 6/24/2025

Actions

2025-06-24Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-06-23Motion to reconsider laid on the table Agreed to without objection.
2025-06-23On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)
2025-06-23Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)
2025-06-23DEBATE - The House proceeded with forty minutes of debate on H.R. 3301.
2025-06-23Considered under suspension of the rules. (consideration: CR H2871-2872)
2025-06-23Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
2025-06-03Placed on the Union Calendar, Calendar No. 91.
2025-06-03Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.
2025-06-03Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.
2025-05-20Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
2025-05-20Committee Consideration and Mark-up Session Held
2025-05-08Referred to the House Committee on Financial Services.
2025-05-08Introduced in House
2025-05-08Introduced in House

CRS Summary

As of 2025-05-08 (00)

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.

Cosponsors (1)

Janelle Bynum (D-OR)

Subjects

Administrative law and regulatory procedures
Business records
Government information and archives
Licensing and registrations
Securities
Securities and Exchange Commission (SEC)

Read on Congress.gov

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