S 3749 · 119th Congress · Finance and Financial Sector
Expanding WKSI Eligibility Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2026-01-29)
Plain Language Summary
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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3749 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3749 To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES January 29, 2026 Mr. McCormick (for himself and Ms. Blunt Rochester) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Expanding WKSI Eligibility Act''. SEC. 2. DEFINITION OF WELL-KNOWN SEASONED ISSUER. (a) In General.--For purposes of the Federal securities laws, and regulations issued thereunder, an issuer shall be a ``wel…
Summarized by Claude AI · Non-partisan · For informational purposes only