The record

LegislationLegislation· Jun 2023
HR 2812

Sponsored by James A. Himes (D)

Middle Market IPO Underwriting Cost Act

Would have required a federal study of the costs small and mid-sized companies face going public (IPO).

Tradeoff

Would have ordered a Government Accountability Office (GAO) study of IPO costs for small and mid-sized companies. The study would have produced a report for Congress, but no new rules or changes to the costs themselves.

What's in it

See official bill text
H.R. 2812, Middle Market IPO Underwriting Cost Actwww.cbo.gov/publication/59140 · May 2023

The House passed this bill 390-10 on June 5, 2023. The Senate never voted on it before the Congress ended, so the bill expired.

  1. House

    Introduced

    (Apr 25, 2023)

  2. House

    Committee on Financial Services(Apr 25, 2023)

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 49 - 0(Apr 26, 2023)

    Committee report H. Rept. 118-91.

  4. House

    On Motion to and Pass, as Amended

    Passed(Roll #246 · Jun 5, 2023)

    390 yeanay 10

  5. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(Jun 6, 2023)

Passage votes· Jun 5, 2023· 118th Congress · 2023–2025