Encouraging Public Offerings Act of 2025
Latest action · Jun 24, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 14, 2025
- Passed HouseJun 23, 2025
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Encouraging Public Offerings Act of 2025
This bill provides statutory authority for all issuers of securities to use certain offering procedures that are available to emerging growth companies.
Specifically, the bill allows under statute issuers of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., test the waters).
Additionally, issuers are allowed under statute to submit to the Securities and Exchange Commission, with respect to an initial public offering, initial registration, or follow-on offering, a confidential draft registration statement for review prior to public filing.
Cosponsors 2
Members who signed on, in the order they did. All signed on May 14, 2025.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Gregory W. Meeks | Original | May 14, 2025 |
| R-TX | Pete Sessions | Original | May 14, 2025 |
Actions 13
Everything that happened, newest first.
- Jun 24, 2025Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jun 23, 2025Considered under suspension of the rules. (consideration: CR H2872-2873)
- Jun 23, 2025DEBATE - The House proceeded with forty minutes of debate on H.R. 3381.
- Jun 23, 2025Motion to reconsider laid on the table Agreed to without objection.
- Jun 23, 2025Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 4
Each version as it was printed, newest first.
- Jun 24, 2025Referred in Senate
- Jun 23, 2025Engrossed in House
- Jun 3, 2025Reported in House
- May 14, 2025Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.