S 2347
115th Congress
Senate
Finance and Financial Sector
Financial services and investments
Government information and archives
Securities
Encouraging Public Offerings Act of 2018
Introduced: January 25, 2018
Introduced by:
Tillis, Thomas
Republican
· North Carolina
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 26, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.
Jan 25, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 25, 2018
Introduced in Senate
Plain-English summary
Encouraging Public Offerings Act of 2018
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
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.
Committees of jurisdiction
1
Cosponsors
1