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H.R. 7661

Coronavirus EGC Extension Act

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.

Referred to the House Committee on Financial Services.

Rep. Steil, Bryan [R-WI-1](R-WI)Sponsor
2 cosponsors2 R
2cosponsors1committees3actions1related bills10subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Coronavirus EGC Extension Act — Informed