House Bill 2608
118th Congress(2023-2024)
To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.
Active
Passed House on Jun 5, 2023
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2608
Congress
118
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
checkPassed on June 5, 2023
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H2723)
Summary
This bill limits the financial information an emerging growth company must submit to the Securities and Exchange Commission. Specifically, an emerging growth company is not required to present a financial statement for any period prior to the earliest audited period of the emerging growth company in connection with its initial public offering, such as a statement for an acquired company.
June 6, 2023
June 5, 2023
June 5, 2023
April 13, 2023
06/06/2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
06/05/2023
Motion to reconsider laid on the table Agreed to without objection.
06/05/2023
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)
06/05/2023
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H2723)
06/05/2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 2608.
06/05/2023
Considered under suspension of the rules. (consideration: CR H2723-2725)
06/05/2023
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
06/05/2023
Placed on the Union Calendar, Calendar No. 65.
06/05/2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-88.
04/26/2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 0.
04/26/2023
Committee Consideration and Mark-up Session Held.
04/13/2023
Referred to the House Committee on Financial Services.
04/13/2023
Introduced in House
Public Record
Record Updated
Feb 16, 2024 3:28:31 PM