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H.R. 3395 119th Congress House

Middle Market IPO Cost Act

Official title: To require the Comptroller General of the United States to carry out a study of the costs associated with small- and medium-sized companies to undertake initial public offerings.

Introduced: May 14, 2025 Introduced by: James A. Himes Democratic · Connecticut See on congress.gov
Finance and Financial Sector Accounting and auditingCongressional oversightFinancial services and investmentsGovernment studies and investigations
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SecuritiesSmall business
 Everywhere this bill has been 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 21, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3511-3512)
Jul 21, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 3395.
Jul 21, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jul 21, 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 H3511-3512)
Jul 21, 2025
Considered under suspension of the rules. (consideration: CR H3511-3513)
Jul 21, 2025
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jun 3, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-128.
Jun 3, 2025
Placed on the Union Calendar, Calendar No. 98.
May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
May 20, 2025
Committee Consideration and Mark-up Session Held
May 14, 2025
Referred to the House Committee on Financial Services.
May 14, 2025
Introduced in House
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What's happening now July 22, 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

Middle Market IPO Cost Act

This bill requires the Government Accountability Office to study and report on the costs encountered by small- and medium-sized companies when undertaking initial public offerings.

 Hearings & markups 1
  • Various Measures
    Markup May 20, 2025 · 10:00 AM EDT · Financial Services Committee
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 18

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

Bodies those filers lobbied

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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3395: Middle Market IPO Cost Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3395/
MLA
"H.R. 3395: Middle Market IPO Cost Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3395/.
Bluebook (legal)
H.R. 3395, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3395/.
Markdown link
[H.R. 3395: Middle Market IPO Cost Act](https://openamerica.io/bill/119-HR-3395/)
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