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H.R. 5877 115th Congress House

Main Street Growth Act

Official title: To amend the Securities Exchange Act of 1934 to allow for the registration of venture exchanges, and for other purposes.

Introduced: May 18, 2018 Introduced by: Tom Emmer Republican · Minnesota See on congress.gov
Finance and Financial Sector Banking and financial institutions regulationBusiness investment and capitalExecutive agency funding and structureGovernment information and archives
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 11, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 10, 2018
Motion to reconsider laid on the table Agreed to without objection.
Jul 10, 2018
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6003)
Jul 10, 2018
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H6003)
Jul 10, 2018
DEBATE - The House proceeded with forty minutes of debate on H.R. 5877.
Jul 10, 2018
Considered under suspension of the rules. (consideration: CR H6003-6005)
Jul 10, 2018
Mr. Huizenga moved to suspend the rules and pass the bill, as amended.
Jul 10, 2018
Placed on the Union Calendar, Calendar No. 626.
Jul 10, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-807.
Jun 7, 2018
Ordered to be Reported (Amended) by the Yeas and Nays: 56 - 0.
Jun 7, 2018
Committee Consideration and Mark-up Session Held.
May 18, 2018
Referred to the House Committee on Financial Services.
May 18, 2018
Introduced in House
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 Latest action July 11, 2018

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Main Street Growth Act

This bill amends the Securities Exchange Act of 1934 to allow for the registration of venture securities with the Securities and Exchange Commission.

The bill includes conditions for eligibility and provides for exemptions from certain regulations for venture securities.

 Related & companion bills 3
  • S 488 Encouraging Employee Ownership Act
  • HR 10 Financial CHOICE Act of 2017
  • S 3723 Main Street Growth Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5877: Main Street Growth Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-5877/
MLA
"H.R. 5877: Main Street Growth Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-5877/.
Bluebook (legal)
H.R. 5877, 115th Cong. (2026), https://openamerica.io/bill/115-HR-5877/.
Markdown link
[H.R. 5877: Main Street Growth Act](https://openamerica.io/bill/115-HR-5877/)
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