HR 294
117th Congress
House
Finance and Financial Sector
Financial services and investments
Government information and archives
Securities
Encouraging Public Offerings Act of 2021
Introduced: January 13, 2021
Introduced by:
Budd, Ted
Republican
· North Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 13, 2021
Referred to the House Committee on Financial Services.
Jan 13, 2021
Introduced in House
Plain-English summary
Encouraging Public Offerings Act of 2021
This bill extends certain procedures currently available to emerging growth companies to all issuers of securities.
Specifically, the bill provides statutory authority for issuers 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).
The bill also allows issuers 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
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1