HR 2624 United States House · 118th Congress

Helping Startups Continue To Grow Act

HR 2624, the "Helping Startups Continue To Grow Act," raises the revenue threshold for companies classified as "emerging growth companies" under securities laws. It increases the cap from $1 billion to $2 billion in annual revenue, allowing more startups to retain simplified regulatory requirements for up to 10 years instead of 5. This directly affects early-stage businesses seeking to raise capital through public markets, reducing their compliance burden during critical growth phases. The bill modifies key provisions in the Securities Act of 1933 and Securities Exchange Act of 1934 to implement this change.
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2023
Committee Review
Floor Vote
President
Introduced Apr 13, 2023 Last action Apr 13, 2023
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2
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Committee
1
Apr 13, 2023
Committee
Referred to the House Committee on Financial Services.
lower
Apr 13, 2023
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
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P
Photo of Bryan Steil
Bryan Steil
RRepublican
WI
1