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S. 2347

Introduced

Encouraging Public Offerings Act of 2018

Introduced 1/25/2018•115th Congress•Senate

Latest Action

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.

6/26/2018 • Senate

Summary

Encouraging Public Offerings Act of 2018

This bill amends the Securities Act of 1933 to allow an issuer 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"). Under current law, only emerging growth companies may engage in such communications.

The bill also allows an issuer to submit a confidential draft registration statement to the Securities and Exchange Commission for review prior to public filing or within one year after the initial public offering or registration.

Introduced in Senate • 1/25/2018

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Topics & Subjects

Financial services and investmentsGovernment information and archivesSecurities

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

1
Democrats
1
Republicans
0
Independents

Sponsor

S[
Sen. Tillis, Thomas [R-NC]

Republican • NC

Sponsored 1/25/2018

Cosponsors (1)

S[
Sen. Van Hollen, Chris [D-MD]

D-MD

Joined 1/25/2018

Bill Journey

Originated in the Senate

Introduced

January 25, 2018

Committee Review

June 26, 2018

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate1/25/2018

Details

Bill TypeS
Current StatusIntroduced
Cosponsors1