Congress is out of session until Monday, November 9 for the midterm campaign. No new roll-call votes until then; the last were the House on Sep 16 and the Senate on Sep 30.

H.R. 2610 · 118th Congress · Finance and Financial Sector

To amend the Securities Exchange Act of 1934 to specify certain registration statement contents for emerging growth companies, to permit issuers to file draft registration statements with the Securities and Exchange Commission for confidential review, and for other purposes.

Died in the Senate179 words Introduced Apr 13, 2023 · Latest action Jun 6, 2023

FollowRead the text
How far it has goneStopped at 4 of 6 · Died in the Senate
  1. IntroducedApr 13, 2023 Done
  2. CommitteeReported Jun 5, 2023 Done
  3. House floorPassed by voice vote · Jun 5, 2023 Done
  4. Senate floorDied Jan 3, 2025 Stopped here
  5. Chambers agreeNot yet Not reached yet
  6. PresidentNot yet Not reached yet

What it does

This bill revises requirements related to registration statements submitted to the Securities and Exchange Commission (SEC). First, the bill requires an emerging growth company to submit profit and loss statements from the previous 2 years, rather than the previous 3 years as under current law. In addition, the bill allows an issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.

Congressional Research Service · summary of “Passed House” version · Jun 5, 2023

Who lobbies on it

3 organizations · 15 filings · Q2 2023–Q4 2024

One square per quarter since introduction, oldest left. Filled = named it that quarter.

  1. Biotechnology Innovation Organization 7 of 7 quarters
    “Banking Policy Impacting Emerging Companies Capital Formation Incentives ---H.R.368: American Innovation Act of 2023 ---H.R.448: Putting Investors First Act of 2023 ---H.R.835: Fair Investment Opportunities for Professional Experts Act ---H.R.1579: Accredited Investor Definition Review Act ---H.R.2608: To amend the…”

    Q4 2024 filing · $6.7M lobbying spend in 2024, all issues

  2. Nasdaq Inc 7 of 7 quarters
    “Monitoring legislation speaking to regulate AI, machine learning, and other tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations; SEC climate disclosure rule. Legislative reforms to improve capital formation (Venture Exchange), H.R 1807, H.R. 2624…”

    Q4 2024 filing · $2.1M lobbying spend in 2024, all issues

  3. National Association of Manufacturers 1 of 7 quarters
    “Beneficial Ownership Capital Formation Climate Disclosures ESG Disclosures FAR Proposal re: Federal Contractor Climate Disclosures H.R. 2506, Restoring the Secondary Trading Market Act H.R. 2576 re: research reports H.R. 2603 re: SRC Definition H.R. 2608, H.R. 2610 re: EGC Disclosures H.R. 2624, Helping Startups…”

    Q2 2023 filing · $12.0M lobbying spend in 2023, all issues

Organizations that named H.R. 2610 in a quarterly lobbying report. Covers organizations with a PAC on file; reports from organizations without one aren’t loaded yet. Spend is the organization’s total across all issues: reports don’t split spending by bill. Source: Senate lobbying disclosures (LD-2) from lda.gov; quotes are word for word from the “specific lobbying issues” field.

Actions

13 actions · newest first
  1. Jun 6, 2023Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jun 5, 2023Motion to reconsider laid on the table Agreed to without objection.
  3. Jun 5, 2023On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2725)
  4. Jun 5, 2023Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2725)
Show all 13 actionsShow fewer
  1. Jun 5, 2023DEBATE - The House proceeded with forty minutes of debate on H.R. 2610.
  2. Jun 5, 2023Considered under suspension of the rules. (consideration: CR H2725-2726)
  3. Jun 5, 2023Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
  4. Jun 5, 2023Placed on the Union Calendar, Calendar No. 66.
  5. Jun 5, 2023Reported (Amended) by the Committee on Financial Services. H. Rept. 118-89.
  6. Apr 26, 2023Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 42 - 0.
  7. Apr 26, 2023Committee Consideration and Mark-up Session Held.
  8. Apr 13, 2023Referred to the House Committee on Financial Services.
  9. Apr 13, 2023Introduced in House