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H.R. 3301 House Finance and Financial Sector

Encouraging Local Emerging Ventures and Economic Growth Act of 2025

Introduced
May 8, 2025
Sponsor
Rep. Nunn, Zachary (R-IA-3)
View on Congress.gov (opens in a new tab)

STAGE 4 OF 8 — HOUSE FLOOR

Currently in the House. Last action: received in the senate and read twice and referred to the committee on banking, housing, and urban affairs on Jun 24, 2025.

  1. House Introduced in House May 8, 2025
  2. House Referred to the House Committee on Financial Services. May 8, 2025
  3. House Committee Consideration and Mark-up Session Held May 20, 2025
  4. House Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1. May 20, 2025
  5. House Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121. Jun 3, 2025
  6. House Placed on the Union Calendar, Calendar No. 91. Jun 3, 2025
  7. House Mrs. Wagner moved to suspend the rules and pass the bill, as amended. Jun 23, 2025
  8. House Considered under suspension of the rules. (consideration: CR H2871-2872) Jun 23, 2025
  9. House DEBATE - The House proceeded with forty minutes of debate on H.R. 3301. Jun 23, 2025
  10. House Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871) Jun 23, 2025
  11. House On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871) Jun 23, 2025
  12. House Motion to reconsider laid on the table Agreed to without objection. Jun 23, 2025
  13. Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Jun 24, 2025

Cosponsors

1

Subjects

Administrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)

Committees

  • Banking, Housing, and Urban Affairs Committee
    • [Referred To, Jun 24, 2025]
  • Financial Services Committee
    • [Reported By, Jun 3, 2025]
    • [Markup By, May 20, 2025]
    • [Referred To, May 8, 2025]

Summary

This bill provides statutory authority for certain requirements related to registration statements submitted to the Securities and Exchange Commission (SEC).First, the bill allows under statute an emerging growth company to submit profit and loss statements from the previous two years, rather than the previous three years as is required of other reporting companies. In addition, the bill allows under statute any issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.

[Summary as of: Introduced in House]

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