To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities.
- Introduced Apr 13
- Committee Apr 13
- Passed House Next
- Passed Senate Not yet
- To President Not yet
- Law Not yet
Where it stands
In committee, Apr 13, 2023Next: House vote
1294d ago Apr 13, 2023: Referred to the House Committee on Financial Services.
Final votes
No roll callsNo recorded vote on this bill yet
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Companies lobbying on this bill
2 companiesCompanies by sector
Financials 1Technology & Software 1
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Votes
No recorded roll-call vote on this bill yet
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Summary
This bill allows a securities broker or dealer to publish or distribute a research report on a proposed public offering by any issuer without it being considered an offer to sell securities for purposes of registration requirements. Currently, only reports published or distributed regarding a proposed public offering by an emerging growth company fall under this exception.
Library of Congress summary, Apr 13, 2023
Summary versions
- Introduced in HouseApr 13, 2023
Actions
- HouseIntroduced in HouseApr 13, 2023
- HouseReferred to the House Committee on Financial Services.Apr 13, 2023
Bill record
Text versions1
- Introduced in HouseApr 13, 2023PDF: Introduced in House
Committees1
- House Financial Services CommitteeReferred To Apr 13, 2023
Sponsor and cosponsors0 cosponsors
- Rep. Roger Williams (R-TX-25)Sponsor, Apr 13, 2023
Amendments0
No amendments offered
Cost estimates and reports0
No cost estimate or committee report yet
Titles1
Official titles
- To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities.Official Title as Introduced
Subjects1
Policy area
Related bills2
- H.R. 2799 118th, Related bill Expanding Access to Capital Act of 2023
- H.R. 9605 117th, Reintroduction of To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities.
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.