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Bill119th CongressFiled May 8, 2025Finance and Financial Sector
H.R. 3301

ELEVATE Act of 2025

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
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Law

What it doesSummary introduced in house (May 8, 2025)

This bill provides statutory authority for certain requirements related to registration statements submitted to the Securities and Exchange Commission (SEC).

First, the bill allows under statute an emerging growth company to submit profit and loss statements from the previous two years, rather than the previous three years as is required of other reporting companies. In addition, the bill allows under statute any issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.

What just happenedJun 24, 2025

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Who’s behind it

Rep. Nunn, Zachary [R-IA-3](R-IA)Sponsor
1 cosponsor1 D
Read on Congress.gov
1cosponsors2committees15actions
  1. Jun 24, 2025IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. Jun 23, 2025FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. Jun 23, 2025FloorH37300

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)

  4. Jun 23, 2025Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)

  5. Jun 23, 2025FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 3301.

  6. Jun 23, 2025FloorH30000

    Considered under suspension of the rules. (consideration: CR H2871-2872)

  7. Jun 23, 2025FloorH30300

    Mrs. Wagner moved to suspend the rules and pass the bill, as amended.

  8. Jun 3, 2025CalendarsH12410

    Placed on the Union Calendar, Calendar No. 91.

  9. Jun 3, 2025CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.

    Financial Services Committee
  10. Jun 3, 2025Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.

    Financial Services Committee
  11. May 20, 2025CommitteeH19000

    Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.

    Financial Services Committee
  12. May 20, 2025CommitteeH15001

    Committee Consideration and Mark-up Session Held

    Financial Services Committee
  13. May 8, 2025IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  14. May 8, 2025IntroReferralIntro-H

    Introduced in House

  15. May 8, 2025IntroReferral1000

    Introduced in House

ELEVATE Act of 2025 — Informed