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.
- Introduced Apr 13
- Committee Apr 13
- Passed House Jun 5
- Passed Senate Next
- To President Not yet
- Law Not yet
Where it stands
Passed House, Jun 5, 2023Next: Senate vote
1240d ago Jun 6, 2023: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Final votes
No roll callsNo recorded vote on this bill yet
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Financials 1
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Votes
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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.
Library of Congress summary, Jun 5, 2023
Summary versions
- Passed HouseJun 5, 2023
- Introduced in HouseApr 13, 2023
Actions
- SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Jun 6, 2023
- HouseMotion to reconsider laid on the table Agreed to without objection.Jun 5, 2023
- HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)Jun 5, 2023
- HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 2608.Jun 5, 2023
- HouseConsidered under suspension of the rules. (consideration: CR H2723-2725)Jun 5, 2023
- HouseMrs. Wagner moved to suspend the rules and pass the bill, as amended.Jun 5, 2023
- HouseReported (Amended) by the Committee on Financial Services. H. Rept. 118-88.Jun 5, 2023
- HousePlaced on the Union Calendar, Calendar No. 65.Jun 5, 2023
- HouseCommittee Consideration and Mark-up Session Held.Apr 26, 2023
- HouseOrdered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 0.Apr 26, 2023
- HouseIntroduced in HouseApr 13, 2023
- HouseReferred to the House Committee on Financial Services.Apr 13, 2023
Bill record
Text versions4
- Referred in SenateJun 6, 2023PDF: Referred in Senate
- Reported in HouseJun 5, 2023PDF: Reported in House
- Engrossed in HouseJun 5, 2023PDF: Engrossed in House
- Introduced in HouseApr 13, 2023PDF: Introduced in House
Committees2
- Senate Banking, Housing, and Urban Affairs CommitteeReferred To Jun 6, 2023
- House Financial Services CommitteeReported By Jun 5, 2023Markup By, Apr 26, 2023Referred To, Apr 13, 2023
Sponsor and cosponsors0 cosponsors
- Rep. Patrick McHenry (R-NC-10)Sponsor, Apr 13, 2023
Amendments0
No amendments offered
Cost estimates and reports2
- CBO: H.R. 2608, a bill 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 purposesMay 26, 2023As ordered reported by the House Committee on Financial Services on April 26, 2023
- H. Rept. 118-88Committee report
Titles1
Official titles
- 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.Official Title as Introduced
Subjects8
Policy area
Legislative subjects
Accounting and auditingAdministrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)
Related bills1
- H.R. 9411 117th, Reintroduction of 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.
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.