US Congress House Bill 3903 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Engrossed on November 2 2017 - 50% progression, died in committee
Action: 2017-11-02 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Encouraging Public Offerings Act of 2017 (Sec. 2) This bill amends the Securities Act of 1933 to allow an issuer 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"). Under current law, only emerging growth companies may engage in such communications. The bill also allows an issuer to submit a confidential draft registration statement to the Securities and Exchange Commission for review prior to public filing or within one year after the initial public offering or registration.

Encouraging Public Offerings Act of 2017

Sen. Ted Budd [R-NC]

Rep. Gregory Meeks [D-NY]

2017-11-01 - House - On motion to suspend the rules and pass the bill, as amended RC# 599 (Y: 419 N: 0 NV: 13 Abs: 0) [PASS]

Date	Chamber	Action
2017-11-02	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2017-11-01	House	The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 3903.
2017-11-01	House	Motion to reconsider laid on the table Agreed to without objection.
2017-11-01	House	On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 599). (text: CR H8318)
2017-11-01	House	Considered as unfinished business. (consideration: CR H8361-8362)
2017-11-01	House	At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
2017-11-01	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 3903.
2017-11-01	House	Considered under suspension of the rules. (consideration: CR H8318-8320)
2017-11-01	House	Mr. Huizenga moved to suspend the rules and pass the bill, as amended.
2017-10-31	House	Placed on the Union Calendar, Calendar No. 274.
2017-10-31	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 115-374.
2017-10-12	House	Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
2017-10-12	House	Committee Consideration and Mark-up Session Held.
2017-10-11	House	Committee Consideration and Mark-up Session Held.
2017-10-02	House	Referred to the House Committee on Financial Services.
2017-10-02	House	Introduced in House

HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
SB2347 (Related) 2018-06-26 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
HB6147 (Related) 2018-09-07 - Message on Senate action sent to the House.
SB488 (Related) 2018-07-18 - Message on House action received in Senate and at desk: House amendments to Senate bill.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/3903/all-info
Text	https://www.congress.gov/115/bills/hr3903/BILLS-115hr3903ih.pdf
Text	https://www.congress.gov/115/bills/hr3903/BILLS-115hr3903rh.pdf
Text	https://www.congress.gov/115/bills/hr3903/BILLS-115hr3903eh.pdf
Roll Call	https://clerk.house.gov/Votes/2017599