HR 3903
115th Congress
House
Finance and Financial Sector
Financial services and investments
Government information and archives
Securities
Encouraging Public Offerings Act of 2017
Introduced: October 2, 2017
Introduced by:
Budd, Ted
Republican
· North Carolina
See on congress.gov
Everywhere this bill has been
17 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 2, 2017
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 1, 2017
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 3903.
Nov 1, 2017
Motion to reconsider laid on the table Agreed to without objection.
Nov 1, 2017
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 599). (text: CR H8318)
Nov 1, 2017
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 599).(text: CR H8318)
Nov 1, 2017
Considered as unfinished business. (consideration: CR H8361-8362)
Nov 1, 2017
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Nov 1, 2017
DEBATE - The House proceeded with forty minutes of debate on H.R. 3903.
Nov 1, 2017
Considered under suspension of the rules. (consideration: CR H8318-8320)
Nov 1, 2017
Mr. Huizenga moved to suspend the rules and pass the bill, as amended.
Oct 31, 2017
Placed on the Union Calendar, Calendar No. 274.
Oct 31, 2017
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-374.
Oct 12, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
Oct 12, 2017
Committee Consideration and Mark-up Session Held.
Oct 11, 2017
Committee Consideration and Mark-up Session Held.
Oct 2, 2017
Referred to the House Committee on Financial Services.
Oct 2, 2017
Introduced in House
Votes taken on this bill
1
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Nov 1, 2017 | House · vote #599 | On Motion to Suspend the Rules and Pass, as Amended | Passed | 419–0 | See who voted → |
Plain-English summary
Encouraging Public Offerings Act of 2017
(Sec. 2) This bill amends the Securities Act of 1933 to allow an issuer of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., "test the waters"). Under current law, only emerging growth companies may engage in such communications.
The bill also allows an issuer to submit a confidential draft registration statement to the Securities and Exchange Commission for review prior to public filing or within one year after the initial public offering or registration.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
2
Cosponsors
1