Expanding WKSI Eligibility Act

Sponsored byRep. Steil, Bryan [R-WI-1]WI· Introduced 16 July 2025

Open on Congress.gov

Cosponsors

Actions

Amendments

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.

2 December 2025·7 months ago

Summary

Introduced in House · Updated 25 November 2025

This bill reduces the required aggregate market value of voting and non-voting common equity shares for an issuer of securities to qualify as a well-known seasoned issuer. A well-known seasoned issuer is allowed to make expedited public offerings of securities through automatic shelf registrations.

Timeline

15 actions

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2 December 2025 · IntroReferral
Mr. Davidson moved to suspend the rules and pass the bill, as amended.
1 December 2025 · Floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 4430.
1 December 2025 · Floor
Considered under suspension of the rules. (consideration: CR H4952-4953)
1 December 2025 · Floor
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4952)
1 December 2025 · Floor
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4952)
1 December 2025 · Floor
Motion to reconsider laid on the table Agreed to without objection.
1 December 2025 · Floor
Placed on the Union Calendar, Calendar No. 204.
8 September 2025 · Calendars
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-247.
8 September 2025 · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-247.
8 September 2025 · Committee
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 2.
22 July 2025 · Committee
Committee Consideration and Mark-up Session Held
22 July 2025 · Committee
Referred to the House Committee on Financial Services.
16 July 2025 · IntroReferral
Introduced in House
16 July 2025 · IntroReferral
Introduced in House
16 July 2025 · IntroReferral

Sponsorship

3 cosponsors

Sponsor

Rep. Steil, Bryan [R-WI-1]WI

Cosponsors

Democrat267%
Republican133%

Democrat:Rep. Himes, James A. [D-CT-4]CT
Democrat:Rep. Fields, Cleo [D-LA-6]LA
Republican:Rep. Meuser, Daniel [R-PA-9]PA

Classification

Policy area

Finance and Financial Sector

Legislative subjects

Business investment and capitalCorporate finance and managementSecurities

Committees

Financial Services Committee
House · Standing
- Referred To16 Jul 2025
- Markup By22 Jul 2025
- Reported By8 Sept 2025
Banking, Housing, and Urban Affairs Committee
Senate · Standing
- Referred To2 Dec 2025

Reports

H. Rept. 119-247

Cosponsor momentum

Cumulative over time

Track Expanding WKSI Eligibility Act as it moves through Congress