Bill116th CongressFiled Jul 20, 2020Finance and Financial Sector
S. 4218
Coronavirus EGC Extension Act
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Became LawLaw
What it doesSummary introduced in senate (Jul 20, 2020)
Coronavirus EGC Extension Act
This bill extends the status of an issuer of securities as an emerging growth company. Specifically, these issuers will remain emerging growth companies until the later of
- one year after the date of enactment of this bill,
- the end of the COVID-19 (i.e., coronavirus disease 2019) emergency declaration period, and
- the date the issuer would otherwise cease being an emerging growth company.
Emerging growth companies (in general, a newly public company with revenues below a specified threshold) are subject to reduced disclosure requirements, among other regulations.
What just happenedJul 20, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Tillis, Thomas [R-NC](R-NC)Sponsor
1committees2actions1related bills10subjects
- Introduced in SenateJul 20, 2020
- Jul 20, 2020IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jul 20, 2020IntroReferral10000
Introduced in Senate