Amendment sought to lower the gross annual revenue cap from $1,000,000,000 to $750,000,000 for emerging growth companies to remain eligible for the regulatory on-ramp and to strike the public float requirement for the on-ramp.

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Amendment Number
970
Description
Amendment sought to lower the gross annual revenue cap from $1,000,000,000 to $750,000,000 for emerging growth companies to remain eligible for the regulatory on-ramp and to strike the public float requirement for the on-ramp.
Purpose
An amendment numbered 3 printed in House Report 112-409 to lower the gross annual revenue cap from $1,000,000,000 to $750,000,000 for emerging growth companies to remain eligible for the regulatory on-ramp and to strike the public float requirement for the on-ramp.
Congress
112
Type
HAMDT
Latest Action Date
Mar 7, 2012
Latest Action Text
On agreeing to the Himes amendment (A003) Failed by recorded vote: 164 - 245 (Roll no. 103).
Latest Action Time
18:20:54
Submitted Date
Mar 7, 2012
Chamber
House of Representatives
Update Date
Feb 2, 2022
Amendment 970 — Informed