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]
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.
Title
Coronavirus EGC Extension Act
Sponsors
Rep. Bryan Steil [R-WI] | Rep. Steve Stivers [R-OH] | Rep. French Hill [R-AR] |
History
Date | Chamber | Action |
---|---|---|
2020-07-16 | House | Referred to the House Committee on Financial Services. |
2020-07-16 | House | Introduced 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
Accounting and auditing
Business investment and capital
Cardiovascular and respiratory health
Corporate finance and management
Emergency medical services and trauma care
Finance and financial sector
Government information and archives
Infectious and parasitic diseases
Securities
Small business
Wages and earnings
Business investment and capital
Cardiovascular and respiratory health
Corporate finance and management
Emergency medical services and trauma care
Finance and financial sector
Government information and archives
Infectious and parasitic diseases
Securities
Small business
Wages and earnings
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/7661/all-info |
Text | https://www.congress.gov/116/bills/hr7661/BILLS-116hr7661ih.pdf |