HR3301Passed House

ELEVATE Act of 2025

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Introduced
In Committee
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-05-08
Introduced
1
Cosponsors
HR
ⓘ
Type

Sponsor

Zachary Nunn
Zachary Nunn
Republican · IA · Representative
Votes with party: 96.1% (641 recorded votes)

Full profile: /officials/N000193

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

1 cosponsor on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

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

2025-06-24

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

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.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Finance and Financial Sector
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Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.