H.R. 3381 · 119th Congress
Encouraging Public Offerings Act of 2025
Status: Passed House
- Introduced (done)
- Committee (done)
- Passed House (current)
- Passed Senate
- To President
- Law
Latest action
: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary
Encouraging Public Offerings Act of 2025
This bill provides statutory authority for all issuers of securities to use certain offering procedures that are available to emerging growth companies.
Specifically, the bill allows under statute issuers of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., test the waters).
Additionally, issuers are allowed under statute to submit to the Securities and Exchange Commission, with respect to an initial public offering, initial registration, or follow-on offering, a confidential draft registration statement for review prior to public filing.
Summary by the Congressional Research Service.
Actions
- Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- House
Motion to reconsider laid on the table Agreed to without objection.
- House
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2872-2873)
- House
DEBATE - The House proceeded with forty minutes of debate on H.R. 3381.
- House
Considered under suspension of the rules. (consideration: CR H2872-2873)
- House
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
- House
Placed on the Union Calendar, Calendar No. 86.
- House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-116.
- House
Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 2.
- House
Committee Consideration and Mark-up Session Held
- House
Referred to the House Committee on Financial Services.
Introduced in House