senateStanding
Banking, Housing, and Urban Affairs Committee
- Referred To
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H.R. 3301Passed House
ELEVATE Act of 2025
Introduced: May 8, 2025
Latest action date: Jun 24, 2025
Latest development
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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- Congress
- 119th Congress
- Introduced
- May 8, 2025
- Recorded roll calls
- 0
Status detail: The full action history records passage in the House.
Plain-language overview
What this bill does
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.
Official summary from Congress.gov.
Civixly topics
What this legislation is about
Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.
Official CRS policy area
Finance and Financial Sector
View 6 official legislative subjects
Administrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)
Committee activity
Committees and subcommittees that received, reviewed, marked up, or reported this legislation.
Official committee record ↗
houseStanding
Financial Services Committee
- Referred To
- Markup By
- Reported By
Amendments
Proposed changes to this measure, with their latest official outcome or action from Congress.gov.
No amendments are listed for this measure.
Checked against Congress.gov Oct 12, 2026.
Action timeline
Newest action first. Action language comes from the official Congress.gov record.
View full action timeline15 actions
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferralSenateMotion to reconsider laid on the table Agreed to without objection.
FloorHouse floor actionsOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)
FloorHouse floor actionsPassed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)
FloorLibrary of CongressDEBATE - The House proceeded with forty minutes of debate on H.R. 3301.
FloorHouse floor actionsConsidered under suspension of the rules. (consideration: CR H2871-2872)
FloorHouse floor actionsMrs. Wagner moved to suspend the rules and pass the bill, as amended.
FloorHouse floor actionsPlaced on the Union Calendar, Calendar No. 91.
CalendarsHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-121.
CommitteeHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-121.
CommitteeLibrary of CongressCommittee Consideration and Mark-up Session Held
CommitteeHouse committee actionsOrdered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
CommitteeHouse committee actionsReferred to the House Committee on Financial Services.
IntroReferralHouse floor actionsIntroduced in House
IntroReferralLibrary of CongressIntroduced in House
IntroReferralLibrary of Congress
Roll-call votes
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No connected roll-call votes are currently available for this bill.
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