US Congress Senate Bill 2347 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on January 25 2018 - 25% progression, died in chamber
Action: 2018-06-26 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Text: Latest bill text (Introduced) [PDF]

Encouraging Public Offerings Act of 2018 This bill amends the Securities Act of 1933 to allow 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 2018

Sen. Thom Tillis [R-NC]

Sen. Chris Van Hollen [D-MD]

Date	Chamber	Action
2018-06-26	Senate	Committee on Banking, Housing, and Urban Affairs. Hearings held.
2018-01-25	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

HB3903 (Related) 2017-11-02 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB6147 (Related) 2018-09-07 - Message on Senate action sent to the House.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/2347/all-info
Text	https://www.congress.gov/115/bills/s2347/BILLS-115s2347is.pdf