119-HR3323

Bill is currently in: House
Path to Law
House Senate President

119th CONGRESS

1st Session

H. R. 3323

1. Short title
2. Emerging growth company criteria

1. Short title

This Act may be cited as the "Helping Startups Continue To Grow Act".

2. Emerging growth company criteria

(a) Securities Act of 1933 - Section 2(a)(19) of the Securities Act of 1933 (15 U.S.C. 77b(a)(19)) is amended—

(1) - by striking "$1,000,000,000" each place such term appears and inserting "$3,000,000,000";

(2) - in subparagraph (B)—

(A) - by striking "fifth" and inserting "10-year"; and

(B) - by adding "or" at the end;

(3) - in subparagraph (C), by striking "; or" and inserting a period; and

(4) - by striking subparagraph (D).

(b) Securities Exchange Act of 1934 - Section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)) is amended, in the first paragraph (80)—

(1) - by striking "$1,000,000,000" each place such term appears and inserting "$3,000,000,000";

(2) - in subparagraph (B)—

(A) - by striking "fifth" and inserting "10-year"; and

(B) - by adding "or" at the end;

(3) - in subparagraph (C), by striking "; or" and inserting a period; and

(4) - by striking subparagraph (D).

(c) Technical correction

(1) - Section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)) is amended by redesignating the second paragraph (80) as paragraph (81).

(2) - Section 4A(a)(1)(B) of the Securities Act of 1933 (77d–1(a)(1)(B)) is amended by striking "section 3(a)(80)" and inserting "section 3(a)".