Only the right has signed this so far (Bill Ranking)
H.R. 3343 · 119th Congress (2025-2026)
2 members · Left 0 · Center 0 · Right 2 (Bill Ranking)
| Sponsor | Rep. Haridopolos, Mike (R-FL) (Introduced 05/13/2025) |
|---|---|
| Sponsor Voting Record | Lean right · DW-NOMINATE +0.45 · measured from every roll-call vote this member has cast (voteview.com) (Sponsor Ranking) |
| Support |
LLLCLRR support across the spectrum: 2 members signed on (Bill Ranking) this bill: sponsor + current cosponsors, each once |
| Committees | Senate - Banking, Housing, and Urban Affairs Committee; House - Financial Services Committee; House - Financial Services Committee; House - Financial Services Committee |
| Latest Action | 07/22/2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Roll Call Votes | There have been no roll call votes |
| Source | view on congress.gov → |
Introduced in House (05/13/2025)
Greenlighting Growth Act
This bill limits the financial information an emerging growth company (EGC) must submit to the Securities and Exchange Commission. An EGC is a type of issuer that qualifies for reduced disclosures after its initial public offering (IPO) if its annual gross revenues are below a specific dollar amount. For example, an EGC must currently provide two years of financial statements after its IPO, rather than the three required for other companies.
Under the bill, an emerging growth company is not required to present certain financial statements from acquired companies. This applies to statements from the time period prior to the earliest audited period presented in connection with the EGC’s IPO. In addition, the bill provides that no issuer that was formerly an EGC is required to present financial statements older than its earliest audit performed in connection with its IPO.
119 HR 3343 EH: Greenlighting Growth Act U.S. House of Representatives text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IB 119th CONGRESS1st Session H. R. 3343
IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.
1.Short titleThis Act may be cited as the Greenlighting Growth Act.
2.Financial statement reporting requirements for emerging growth companies (a)Securities Act of 1933Section 7(a)(2) of the Securities Act of 1933 (15 U.S.C. 77g(a)(2)) is amended— (1)in subparagraph (A), by striking and at the end; (2)by redesignating subparagraph (B) as subparagraph (C); and (3)by inserting after subparagraph (A) the following: (B)need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering; and. (b)Securities Exchange Act of 1934Section 12(b)(1)(K) of the Securities Exchange Act of 1934 (15 U.S.C. 78l(b)(1)(K)) is amended by striking firm and inserting firm, provided that the application of an emerging growth company need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its application and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with any application under this subsection. Passed the House of Representatives July 21, 2025.Kevin F. McCumber,Clerk.
119 HR 3343 IH: Greenlighting Growth Act U.S. House of Representatives 2025-05-13 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I119th CONGRESS1st SessionH. R. 3343IN THE HOUSE OF REPRESENTATIVESMay 13, 2025Mr. Haridopolos (for himself and Mrs. Wagner) introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.1.Short titleThis Act may be cited as the Greenlighting Growth Act.2.Financial statement reporting requirements for emerging growth companies(a)Securities Act of 1933Section 7(a)(2) of the Securities Act of 1933 (15 U.S.C. 77g(a)(2)) is amended—(1)in subparagraph (A), by striking and at the end; (2)by redesignating subparagraph (B) as subparagraph (C); and(3)by inserting after subparagraph (A) the following:(B)need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering; and.(b)Securities Exchange Act of 1934Section 12(b)(1)(K) of the Securities Exchange Act of 1934 (15 U.S.C. 78l(b)(1)(K)) is amended by striking firm; and inserting firm, provided that the application of an emerging growth company need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its application and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with any application under subsection (b) of this section;.
119 HR 3343 : Greenlighting Growth Act U.S. House of Representatives 2025-07-22 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IIB119th CONGRESS1st SessionH. R. 3343IN THE SENATE OF THE UNITED STATESJuly 22, 2025Received; read twice and referred to the Committee on Banking, Housing, and Urban AffairsAN ACTTo amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.1.Short titleThis Act may be cited as the Greenlighting Growth Act.2.Financial statement reporting requirements for emerging growth companies(a)Securities Act of 1933Section 7(a)(2) of the Securities Act of 1933 (15 U.S.C. 77g(a)(2)) is amended—(1)in subparagraph (A), by striking and at the end; (2)by redesignating subparagraph (B) as subparagraph (C); and(3)by inserting after subparagraph (A) the following:(B)need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering; and.(b)Securities Exchange Act of 1934Section 12(b)(1)(K) of the Securities Exchange Act of 1934 (15 U.S.C. 78l(b)(1)(K)) is amended by striking firm and inserting firm, provided that the application of an emerging growth company need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its application and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with any application under this subsection.Passed the House of Representatives July 21, 2025.Kevin F. McCumber,Clerk.
119 HR 3343 RH: Greenlighting Growth Act U.S. House of Representatives 2025-06-03 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IBUnion Calendar No. 89119th CONGRESS1st SessionH. R. 3343[Report No. 119–119]IN THE HOUSE OF REPRESENTATIVESMay 13, 2025Mr. Haridopolos (for himself and Mrs. Wagner) introduced the following bill; which was referred to the Committee on Financial ServicesJune 3, 2025Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printedStrike out all after the enacting clause and insert the part printed in italicFor text of introduced bill, see copy of bill as introduced on May 13, 2025A BILLTo amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.1.Short titleThis Act may be cited as the Greenlighting Growth Act.2.Financial statement reporting requirements for emerging growth companies(a)Securities Act of 1933Section 7(a)(2) of the Securities Act of 1933 (15 U.S.C. 77g(a)(2)) is amended—(1)in subparagraph (A), by striking and at the end; (2)by redesignating subparagraph (B) as subparagraph (C); and(3)by inserting after subparagraph (A) the following:(B)need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering; and.(b)Securities Exchange Act of 1934Section 12(b)(1)(K) of the Securities Exchange Act of 1934 (15 U.S.C. 78l(b)(1)(K)) is amended by striking firm and inserting firm, provided that the application of an emerging growth company need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its application and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with any application under this subsection.June 3, 2025Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
The bill's own words, from our database (synced from the GPO BILLS XML); paragraph breaks added at the bill's section boundaries, nothing else changed.
| Date | Chamber | All Actions |
|---|---|---|
| 05/13/2025 | Library of Congress | Introduced in House |
| 05/13/2025 | Library of Congress | Introduced in House |
| 05/13/2025 | House floor actions | Referred to the House Committee on Financial Services. |
| 05/20/2025 | House committee actions | Committee Consideration and Mark-up Session Held |
| 05/20/2025 | House committee actions | Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2. |
| 06/03/2025 | Library of Congress | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-119. |
| 06/03/2025 | House floor actions | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-119. |
| 06/03/2025 | House floor actions | Placed on the Union Calendar, Calendar No. 89. |
| 07/21/2025 | House floor actions | Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. |
| 07/21/2025 | House floor actions | Considered under suspension of the rules. (consideration: CR H3503-3504) |
| 07/21/2025 | House floor actions | DEBATE - The House proceeded with forty minutes of debate on H.R. 3343. |
| 07/21/2025 | Library of Congress | 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) |
| 07/21/2025 | House floor actions | On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3503) |
| 07/21/2025 | House floor actions | Motion to reconsider laid on the table Agreed to without objection. |
| 07/22/2025 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Title Type | Title |
|---|---|
| Official Titles from EH (Engrossed in House) bill text | To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes. |
| Short Titles from RFS (Referred to Senate) bill text | Greenlighting Growth Act |
| Display Title | Greenlighting Growth Act |
| Short Title(s) as Passed House | Greenlighting Growth Act |
| Short Title(s) as Reported to House | Greenlighting Growth Act |
| Official Title as Introduced | To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes. |
| Short Title(s) as Introduced | Greenlighting Growth Act |
There are no amendments to this bill.
* = Original cosponsor
| Committee | Activity |
|---|---|
| Senate - Banking, Housing, and Urban Affairs Committee | 07/22/2025 Referred To |
| House - Financial Services Committee | 06/03/2025 Reported By |
| House - Financial Services Committee | 05/20/2025 Markup By |
| House - Financial Services Committee | 05/13/2025 Referred To |
Policy Area: Finance and Financial Sector
All data on this page comes from our own database (legislation.congress_* tables), synced daily from the GPO govinfo BILLSTATUS and BILLS collections. Formatted after congress.gov; nothing is generated. Member placement is their DW-NOMINATE score (voteview.com, Lewis et al.) - a measurement of roll-call voting behavior, not our judgement. Buckets: Left below −0.50 · Lean Left to −0.25 · Center to +0.25 · Lean Right to +0.50 · Right above +0.50. The bill's Support meter aggregates the people who signed the bill - sponsor and current cosponsors, each counted once - nothing else.