Last action was on 6-24-2025
Current status is Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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This Act may be cited as the "Encouraging Local Emerging Ventures and Economic Growth Act of 2025" or the "ELEVATE Act of 2025".
Section 12(b) of the Securities Exchange Act of 1934 (15 U.S.C. 78l(b)) is amended—
(1) - in paragraph (1)(K), by striking "years," and inserting "years (or, in the case of an emerging growth company, not more than the two preceding years),"; and
(2) - by adding at the end the following: