H.R. 3323 · On the floor · Finance and Financial Sector

Helping Startups Continue To Grow Act

Sponsor: Bryan Steil (R-WI)

What it does

• Extends the period during which emerging growth companies may use scaled disclosure and exemptions from securities regulations for an additional five years.
• Raises the revenue threshold for qualifying as an emerging growth company from the current level to $3 billion in total annual gross revenues.
• Allows companies to maintain emerging growth company status even after becoming large accelerated filers.

Official summary

Helping Startups Continue To Grow Act This bill expands access to regulations for small, newly public companies (i.e., emerging growth companies) that allow for reduced disclosures and other exemptions from securities regulations. The bill allows emerging growth companies to continue operating under these regulations for an additional five years. It also raises the limit of total annual gross revenues under which issuers qualify as emerging growth companies to $3 billion. Finally, under the bill, a company may continue to be considered an emerging growth company even after it becomes a large accelerated filer.

Latest action

Jun 4, 2025: Placed on the Union Calendar, Calendar No. 102.

Committee: House Financial Services