HR 3343 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
Summary
This bill would amend federal securities laws to reduce financial statement reporting requirements for emerging growth companies. Specifically, emerging growth companies would not need to present financial statements of previously acquired companies for periods prior to the earliest audited period they presented in their initial public offering. The relief would continue to apply even after a company is no longer classified as an emerging growth company. The bill has passed the House of Representatives.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
1 cosponsor
- Rep. Wagner, Ann [R-MO-2] (R-MO)
Money behind the sponsor
Top reported contributors to Mike Haridopolos’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- MEDICAL ASSOCIATES OF BREVARD $20,267
- AAL LAND SURVEYING SERVICES, INC. $13,717
- FOUNDATION RISK PARTNERS $13,200
- SOUTHEAST PETRO DISTRIBUTORS, INC. $13,200
- CORCORAN PARTNERS $13,200
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Mike Haridopolos → · Outside spending →
Actions (13)
- Jul 22, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
- Jul 21, 2025 Motion to reconsider laid on the table Agreed to without objection. · house
- Jul 21, 2025 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3503) · house
- Jul 21, 2025 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3503)
- Jul 21, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 3343. · house
- Jul 21, 2025 Considered under suspension of the rules. (consideration: CR H3503-3504) · house
- Jul 21, 2025 Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. · house
- Jun 3, 2025 Placed on the Union Calendar, Calendar No. 89. · house
- Jun 3, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-119. · house
- May 20, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2. · house
- May 20, 2025 Committee Consideration and Mark-up Session Held · house
- May 13, 2025 Referred to the House Committee on Financial Services. · house
- May 13, 2025 Introduced in House
More bills on these subjects (8)
Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).
Text versions (4)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
AN ACT
To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Greenlighting Growth Act”.
SEC. 2. FINANCIAL STATEMENT REPORTING REQUIREMENTS FOR EMERGING GROWTH COMPANIES.
(a) Securities Act of 1933.—Section 7(a)(2) of the Securities Act of 1933 (15 U.S.C. 77g(a)(2)) is amended—
(1) in subparagraph (A), by striking “and” at the end;
(2) by redesignating subparagraph (B) as subparagraph (C); and
(3) by inserting after subparagraph (A) the following:
“(B) need not present acquired company financial statements or information otherwise required under section 210.3-05 or section 210.8-04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3-05 or section 210.8-04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering; and”.
(b) Securities Exchange Act of 1934.—Section 12(b)(1)(K) of the Securities Exchange Act of 1934 (15 U.S.C. 78l(b)(1)(K)) is amended by striking “firm” and inserting “firm, provided that the application of an emerging growth company need not present acquired company financial statements or information otherwise required under section 210.3-05 or section 210.8-04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its application and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3-05 or section 210.8-04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with any application under this subsection”.
Passed the House of Representatives July 21, 2025.
Attest:
Clerk. 119th CONGRESS
1st Session
H. R. 3343
AN ACT
To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.
Comments