Skip to main content
S. 3980 117th Congress Senate

Middle Market IPO Underwriting Cost Act

Official title: A bill to require the Securities and Exchange Commission to carry out a study of the costs associated with small- and medium-sized companies to undertake initial public offerings.

Introduced: March 31, 2022 Introduced by: Cynthia M. Lummis Republican · Wyoming See on congress.gov
Finance and Financial Sector Accounting and auditingCongressional oversightFinancial services and investmentsGovernment studies and investigations
More subjectsShow fewer subjects
SecuritiesSmall business
Sign in to write a letter Sign in to watch
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 5, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.
Mar 31, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 31, 2022
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action April 5, 2022

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.

 Plain-English summary Congressional Research Service

Middle Market IPO Underwriting Cost Act

This bill requires the Securities and Exchange Commission to study and report on the costs encountered by small- and medium-sized companies when undertaking initial public offerings and certain offerings exempt from securities registration requirements.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 2 Republican 1
D
Warnock, Raphael G.
Georgia · Dec 21, 2022
 R
Hagerty, Bill
Tennessee · Mar 31, 2022
Sinema, Kyrsten
· Mar 31, 2022
 D
Warner, Mark R.
Virginia · Mar 31, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3980: Middle Market IPO Underwriting Cost Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-3980/
MLA
"S. 3980: Middle Market IPO Underwriting Cost Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3980/.
Bluebook (legal)
S. 3980, 117th Cong. (2026), https://openamerica.io/bill/117-S-3980/.
Markdown link
[S. 3980: Middle Market IPO Underwriting Cost Act](https://openamerica.io/bill/117-S-3980/)
Report a problem