US HB7661 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on July 16 2020 - 25% progression, died in committee
Action: 2020-07-16 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Extends the status of an issuer of securities as an emerging growth company. Specifically, these issuers will remain emerging growth companies until the later of one year after the date of enactment of this bill, the end of the COVID-19 (i.e., coronavirus disease 2019) emergency declaration period, and the date the issuer would otherwise cease being an emerging growth company. Emerging growth companies (in general, a newly public company with revenues below a specified threshold) are subject to reduced disclosure requirements, among other regulations.

Tracking Information

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Title

Coronavirus EGC Extension Act

Sponsors


History

DateChamberAction
2020-07-16HouseReferred to the House Committee on Financial Services.
2020-07-16HouseIntroduced in House

Same As/Similar To

SB4218 (Same As) 2020-07-20 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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