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S 3030 118th Congress Senate Finance and Financial Sector Financial services and investments Government information and archives Securities

Encouraging Public Offerings Act of 2023

Introduced: October 4, 2023 Introduced by: Budd, Ted Republican · North Carolina See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 4, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 4, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

Encouraging Public Offerings Act of 2023

This bill provides statutory authority for all issuers of securities to use certain offering procedures that are available to emerging growth companies.

Specifically, the bill allows under statute 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).

Additionally, issuers are allowed under statute 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 October 4, 2023

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

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Republican 1