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H.R. 4430 House Finance and Financial Sector

Expanding WKSI Eligibility Act

Introduced
Jul 16, 2025
Sponsor
Rep. Steil, Bryan (R-WI-1)
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 Dec 2, 2025.

  1. House Introduced in House Jul 16, 2025
  2. House Referred to the House Committee on Financial Services. Jul 16, 2025
  3. House Committee Consideration and Mark-up Session Held Jul 22, 2025
  4. House Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 2. Jul 22, 2025
  5. House Reported (Amended) by the Committee on Financial Services. H. Rept. 119-247. Sep 8, 2025
  6. House Placed on the Union Calendar, Calendar No. 204. Sep 8, 2025
  7. House Mr. Davidson moved to suspend the rules and pass the bill, as amended. Dec 1, 2025
  8. House Considered under suspension of the rules. (consideration: CR H4952-4953) Dec 1, 2025
  9. House DEBATE - The House proceeded with forty minutes of debate on H.R. 4430. Dec 1, 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 H4952) Dec 1, 2025
  11. House On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4952) Dec 1, 2025
  12. House Motion to reconsider laid on the table Agreed to without objection. Dec 1, 2025
  13. Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Dec 2, 2025

Cosponsors

3

Subjects

Business investment and capitalCorporate finance and managementSecurities

Committees

  • Banking, Housing, and Urban Affairs Committee
    • [Referred To, Dec 2, 2025]
  • Financial Services Committee
    • [Reported By, Sep 8, 2025]
    • [Markup By, Jul 22, 2025]
    • [Referred To, Jul 16, 2025]

Summary

This bill reduces the required aggregate market value of voting and non-voting common equity shares for an issuer of securities to qualify as a well-known seasoned issuer. A well-known seasoned issuer is allowed to make expedited public offerings of securities through automatic shelf registrations.

[Summary as of: Introduced in House]

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