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Encouraging Public Offerings Act of 2025

6/26/2025, 6:53 AM

Summary of Bill HR 3381

The Encouraging Public Offerings Act of 2025, introduced in the 119th Congress as H.R. 3381 on May 14, 2025, aims to promote public offerings. The bill likely includes provisions incentivizing or supporting companies in making their shares available to the public. Specific details of the proposed actions or directives are not provided in the available context. For more comprehensive information, the official PDF version of the bill can be accessed via the provided link.

Congressional Summary of HR 3381

Encouraging Public Offerings Act of 2025

This bill provides statutory authority for all issuers of securities to use certain offering procedures that are available to emerging growth companies.

Specifically, the bill allows under statute issuers of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., test the waters).

Additionally, issuers are allowed under statute to submit to the Securities and Exchange Commission, with respect to an initial public offering, initial registration, or follow-on offering, a confidential draft registration statement for review prior to public filing.

Current Status of Bill HR 3381

Bill HR 3381 is currently in the status of Introduced to Senate since June 24, 2025. Bill HR 3381 was introduced during Congress 119 and was introduced to the House on May 14, 2025.  Bill HR 3381's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of June 24, 2025

Bipartisan Support of Bill HR 3381

Total Number of Sponsors
10
Democrat Sponsors
0
Republican Sponsors
10
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
1
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3381

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 3381

Encouraging Public Offerings Act of 2025
Encouraging Public Offerings Act of 2025
To amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes.

Comments

Lucia Parks profile image

Lucia Parks

439

6 months ago

I don't like this new bill, how will it affect me?

Milani Boswell profile image

Milani Boswell

472

5 months ago

I can't believe this bill, it's gonna mess everything up for me.