Helping Startups Continue to Grow Act of 2022

Senate Bill 4992 - Helping Startups Continue to Grow Act of 2022: Overview, Status, and Impact

Hozzl · 2024-03-13T06:54:48Z

Explore the details of Senate Bill 4992 Helping Startups Continue to Grow Act of 2022 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/13/2024, 6:54 AM

Congressional Summary of S 4992

Helping Startups Continue to Grow Act of 2022

This bill allows certain issuers of securities regulated as emerging growth companies to continue operating under such regulations, including those related to reduced disclosures and other exemptions, for an additional five years.

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Current Status of Bill S 4992

Bill S 4992 is currently in the status of Bill Introduced since September 28, 2022. Bill S 4992 was introduced during Congress 117 and was introduced to the Senate on September 28, 2022. Bill S 4992's most recent activity was Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. as of December 13, 2022

Bipartisan Support of Bill S 4992

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4992

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Administrative law and regulatory procedures

- Banking and financial institutions regulation

- Financial services and investments

- Securities

- Securities and Exchange Commission (SEC)

Alternate Title(s) of Bill S 4992

Helping Startups Continue to Grow Act of 2022

A bill to amend the Securities Act of 1933 to extend the maximum period for which a company can be an emerging growth company from 5 years to 10 years.