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Middle Market IPO Underwriting Cost Act

12/29/2022, 10:48 PM

Congressional Summary of S 3980

Middle Market IPO Underwriting Cost Act

This bill requires the Securities and Exchange Commission to study and report on the costs encountered by small- and medium-sized companies when undertaking initial public offerings and certain offerings exempt from securities registration requirements.

Current Status of Bill S 3980

Bill S 3980 is currently in the status of Bill Introduced since March 31, 2022. Bill S 3980 was introduced during Congress 117 and was introduced to the Senate on March 31, 2022.  Bill S 3980's most recent activity was Committee on Banking, Housing, and Urban Affairs. Hearings held. as of April 5, 2022

Bipartisan Support of Bill S 3980

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
3
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3980

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Accounting and auditing
- Congressional oversight
- Financial services and investments
- Government studies and investigations
- Securities
- Small business

Alternate Title(s) of Bill S 3980

Middle Market IPO Underwriting Cost Act
Middle Market IPO Underwriting Cost Act
A bill to require the Securities and Exchange Commission to carry out a study of the costs associated with small- and medium-sized companies to undertake initial public offerings.

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