H.R. 3301

119th Congress

In Committee

ELEVATE Act of 2025

Sponsored byRepublican:Rep. Nunn, Zachary [R-IA-3]IA· Introduced 8 May 2025
Open on Congress.gov

1

Cosponsors

15

Actions

0

Amendments

2

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

24 June 2025·1 year ago

Summary

Introduced in House · Updated 23 June 2025

This bill provides statutory authority for certain requirements related to registration statements submitted to the Securities and Exchange Commission (SEC).

First, the bill allows under statute an emerging growth company to submit profit and loss statements from the previous two years, rather than the previous three years as is required of other reporting companies. In addition, the bill allows under statute any issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.

Timeline

15 actions

  1. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    24 June 2025 · IntroReferral

  2. Mrs. Wagner moved to suspend the rules and pass the bill, as amended.

    23 June 2025 · Floor

  3. Considered under suspension of the rules. (consideration: CR H2871-2872)

    23 June 2025 · Floor

  4. DEBATE - The House proceeded with forty minutes of debate on H.R. 3301.

    23 June 2025 · Floor

  5. On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)

    23 June 2025 · Floor

  6. Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)

    23 June 2025 · Floor

  7. Motion to reconsider laid on the table Agreed to without objection.

    23 June 2025 · Floor

  8. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.

    3 June 2025 · Committee

  9. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.

    3 June 2025 · Committee

  10. Placed on the Union Calendar, Calendar No. 91.

    3 June 2025 · Calendars

  11. Committee Consideration and Mark-up Session Held

    20 May 2025 · Committee

  12. Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.

    20 May 2025 · Committee

  13. Referred to the House Committee on Financial Services.

    8 May 2025 · IntroReferral

  14. Introduced in House

    8 May 2025 · IntroReferral

  15. Introduced in House

    8 May 2025 · IntroReferral

Sponsorship

1 cosponsors

Sponsor

Republican:Rep. Nunn, Zachary [R-IA-3]IA

Cosponsors

  • Democrat1100%

Classification

Policy area

Finance and Financial Sector

Legislative subjects

Administrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)

Committees

2

  • Financial Services Committee

    House · Standing

    • Referred To8 May 2025
    • Markup By20 May 2025
    • Reported By3 Jun 2025

  • Banking, Housing, and Urban Affairs Committee

    Senate · Standing

    • Referred To24 Jun 2025

Reports

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