US Congress House Bill 7067 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 1 2020 - 25% progression, died in committee
Action: 2020-06-01 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Allows an issuer 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). Under current law, only emerging growth companies may engage in such communications. The bill also allows an issuer 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.

Encouraging Public Offerings Act of 2020

Sen. Ted Budd [R-NC]

Date	Chamber	Action
2020-06-01	House	Referred to the House Committee on Financial Services.
2020-06-01	House	Introduced in House

SB536 (Related) 2019-02-25 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/7067/all-info
Text	https://www.congress.gov/116/bills/hr7067/BILLS-116hr7067ih.pdf