H.R. 3301 119th Congress House

ELEVATE Act of 2025

Official title: To amend the Securities Exchange Act of 1934 to specify certain registration statement contents for emerging growth companies, to permit issuers to file draft … Show full official titleShow less

Official title: To amend the Securities Exchange Act of 1934 to specify certain registration statement contents for emerging growth companies, to permit issuers to file draft registration statements with the Securities and Exchange Commission for confidential review, and for other purposes.

Introduced: May 8, 2025 Introduced by: Zachary Nunn Republican · Iowa See on congress.gov

Finance and Financial Sector Administrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrations

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SecuritiesSecurities and Exchange Commission (SEC)

Everywhere this bill has been 13 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 24, 2025

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

Jun 23, 2025

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)

Jun 23, 2025

DEBATE - The House proceeded with forty minutes of debate on H.R. 3301.

Jun 23, 2025

Considered under suspension of the rules. (consideration: CR H2871-2872)

Jun 23, 2025

Motion to reconsider laid on the table Agreed to without objection.

Jun 23, 2025

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)

Jun 23, 2025

Mrs. Wagner moved to suspend the rules and pass the bill, as amended.

Jun 3, 2025

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.

Jun 3, 2025

Placed on the Union Calendar, Calendar No. 91.

May 20, 2025

Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.

May 20, 2025

Committee Consideration and Mark-up Session Held

May 8, 2025

Introduced in House

May 8, 2025

Referred to the House Committee on Financial Services.

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What's happening now June 24, 2025

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

Plain-English summary Congressional Research Service

This bill provides statutory authority for certain requirements related to registration statements submitted to the Securities and Exchange Commission (SEC).

First, the bill allows under statute an emerging growth company to submit profit and loss statements from the previous two years, rather than the previous three years as is required of other reporting companies. In addition, the bill allows under statute any issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.

Hearings & markups 1

Various Measures
Markup May 20, 2025 · 10:00 AM EDT · Financial Services Committee

Bill text 4 versions

Engrossed in House Formatted Text PDF Formatted XML
Introduced in House Formatted Text PDF Formatted XML
Referred in Senate Formatted Text PDF Formatted XML
Reported in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 2

Financial Services Committee
House of Representatives
Banking, Housing, and Urban Affairs Committee
Senate

Lobbying activity 10

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

CHAMBER OF COMMERCE OF THE U.S.A.
for CHAMBER OF COMMERCE OF THE U.S.A. · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
CHAMBER OF COMMERCE OF THE U.S.A.
for CHAMBER OF COMMERCE OF THE U.S.A. · District of Columbia · 2nd Quarter 2026 (Apr 1 - June 30)
CHAMBER OF COMMERCE OF THE U.S.A.
for CHAMBER OF COMMERCE OF THE U.S.A. · District of Columbia · 1st Quarter 2026 (Jan 1 - Mar 31)
CHAMBER OF COMMERCE OF THE U.S.A.
for CHAMBER OF COMMERCE OF THE U.S.A. · District of Columbia · 1st Quarter 2026 (Jan 1 - Mar 31)
CHAMBER OF COMMERCE OF THE U.S.A.
for CHAMBER OF COMMERCE OF THE U.S.A. · District of Columbia · 4th Quarter 2025 (Oct 1 - Dec 31)
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)
for SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) · Virginia · 3rd Quarter 2025 (July 1 - Sep 30)

Bodies those filers lobbied

HOUSE OF REPRESENTATIVES
10 filings
SENATE
10 filings
Executive Office of the President (EOP)
9 filings
Labor, Dept of (DOL)
9 filings
Treasury, Dept of
9 filings
Commerce, Dept of (DOC)
8 filings
Federal Reserve System
8 filings
Federal Trade Commission (FTC)
8 filings

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

See all 10 filings →

Cosponsors 1

Bynum, Janelle S.

Oregon · May 8, 2025

Cite this page click to expand

APA

U.S. Congress. (2026). H.R. 3301: ELEVATE Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3301/

MLA

"H.R. 3301: ELEVATE Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3301/.

Bluebook (legal)

H.R. 3301, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3301/.

Markdown link

[H.R. 3301: ELEVATE Act of 2025](https://openamerica.io/bill/119-HR-3301/)