4
2

Greenlighting Growth Act

7/26/2025, 8:26 PM

Summary of Bill HR 3343

The bill, titled "To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes," was introduced in the 119th Congress as H.R. 3343 on May 13, 2025. It aims to make changes to the Federal securities laws regarding the timing of financial statement provision for emerging growth companies, while also addressing other related purposes not specifically outlined in the context provided.

Congressional Summary of HR 3343

Greenlighting Growth Act

This bill limits the financial information an emerging growth company (EGC) must submit to the Securities and Exchange Commission. An EGC is a type of issuer that qualifies for reduced disclosures after its initial public offering (IPO) if its annual gross revenues are below a specific dollar amount. For example, an EGC must currently provide two years of financial statements after its IPO, rather than the three required for other companies. 

Under the bill, an emerging growth company is not required to present certain financial statements from acquired companies. This applies to statements from the time period prior to the earliest audited period presented in connection with the EGC’s IPO. In addition, the bill provides that no issuer that was formerly an EGC is required to present financial statements older than its earliest audit performed in connection with its IPO. 

Read the Full Bill

Formatted TextPDFFormatted XML

Current Status of Bill HR 3343

Bill HR 3343 is currently in the status of Introduced to Senate since July 22, 2025. Bill HR 3343 was introduced during Congress 119 and was introduced to the House on May 13, 2025.  Bill HR 3343's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of July 22, 2025

Bipartisan Support of Bill HR 3343

Total Number of Sponsors
18
Democrat Sponsors
0
Republican Sponsors
18
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3343

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 3343

To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.
To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.

Comments

Matheo King profile image

Matheo King

41,686

8 months ago

I heard about this new bill and I'm not sure how I feel about it. It seems like it could have a big impact on things, but I'm not exactly sure what that impact will be. I'm a little worried about what this could mean for me and my community. It just seems like there's a lot of unknowns with this bill.

Ayla Boykin profile image

Ayla Boykin

41,238

11 months ago

So glad they're finally getting around to clarifying the timeframes for financial statements for emerging growth companies. It's about time this was addressed! #HRBill3343 #FinancialTransparency 📊💼

Sponsors and Cosponsors of HR 3343

Mike Haridopolos
Mike Haridopolos
FloridaIndependent
Ann Wagner
Ann Wagner
MissouriRepublican

Latest Bills

To authorize the Secretary of Education, in collaboration with the Secretary of Health and Human Services, to establish an interagency advisory Commission on Advancing Restorative Justice in Elementary and Secondary Education, and for other purposes.
Bill HR 8360April 17, 2026
To amend the Higher Education Act of 1965 to remove all adverse credit history related to a loan from the credit history of a borrower who has rehabilitated the loan.
Bill HR 8361April 17, 2026
To reauthorize the YouthBuild program, and for other purposes.
Bill HR 8333April 17, 2026
To raise the Foreign Service mandatory retirement age by aligning it with the Social Security Full Retirement Age, and for other purposes.
Bill HR 8346April 17, 2026
To amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978 through April 30, 2026, and for other purposes.
Bill HR 8322April 17, 2026
To amend title II of the Social Security Act to repeal the retirement earnings test, and for other purposes.
Bill HR 8344April 17, 2026
To amend section 133 of title 23, United States Code, to remove a certain State funding set-aside for transportation alternative programs, and for other purposes.
Bill HR 8349April 17, 2026
To amend title XI of the Social Security Act to require the Center for Medicare and Medicaid Innovation to test a model to reduce chronic diseases by using accountable produce is medicine.
Bill HR 8355April 17, 2026
To amend the Federal Food, Drug, and Cosmetic Act to enhance drug manufacturing amount information reporting, and for other purposes.
Bill HR 8339April 17, 2026
Supporting the designation of the week of April 11 through April 17, 2026, as "Black Maternal Health Week", founded by Black Mamas Matter Alliance, Inc. (BMMA), to bring national attention to the maternal and reproductive health crisis in the United States and the importance of reducing maternal mortality and morbidity among Black women and birthing people.
Bill HRES 1183April 17, 2026