HR 3343
Passed a chamber
Exempts emerging growth companies from presenting financial statements for periods before their earliest audited period in their initial public offering or exchange registration.
Official title: Greenlighting Growth Act
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
13-MAY-2025
Referred
13-MAY-2025
Approved by committee
20-MAY-2025
Reported
03-JUN-2025
On the calendar
03-JUN-2025
Passed
21-JUL-2025
Senate
Received
22-JUL-2025
- Amends the Securities Act of 1933 so an emerging growth company need not present acquired company financial statements for periods before its earliest audited period presented in its initial public offering.
- Amends the Securities Exchange Act of 1934 to apply the same relief to emerging growth companies filing registration applications under that act.
- Once an issuer is no longer an emerging growth company, it is not required to present pre-offering financial statements for periods before that earliest audited period.
Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (13-MAY-2025); the text has changed since (Engrossed in House, 21-JUL-2025).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.govFinance and Financial Sector
■ 1 R
1 Republican