HR 4697 · 113th Congress · Finance and Financial Sector

Small-Cap Access to Capital Act

Introduced 2014-05-21· Sponsored by Rep. McCarthy, Kevin [R-CA-23]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Ordered to be Reported by the Yeas and Nays: 32 - 27.(2014-06-11)

Plain Language Summary

[AI summary unavailable — showing source text] Small-Cap Access to Capital Act - Directs the Securities and Exchange Commission (SEC) to revise its definition of a well-known seasoned issuer to: (1) reduce from $700 million to $250 million the dollar amount of the issuer's worldwide market value of outstanding voting and non-voting common equity held by non-affiliates, and (2) prohibit an emerging growth company from qualifying as a well-known seasoned issuer.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 4697, Small-Cap Access to Capital Act

Sep 5, 2014

As ordered reported by the House Committee on Financial Services on June 11, 2014

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office