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H.R. 3343

U.S. House•In Senate Committee

Summary

H.R. 3343, the Greenlighting Growth Act, was introduced in the House on May 13, 2025 by Rep. Mike Haridopolos (R) with 1 co-sponsor. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Jul 22, 2025: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

H.R. 3343 has 1 co-sponsor.

hb3343/engrossed-in-house.txt
119 HR 3343 EH: Greenlighting Growth Act
 U.S. House of Representatives
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 IB
 119th CONGRESS  1st Session
 H. R. 3343
 IN THE HOUSE OF REPRESENTATIVES
 AN ACT
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.
1.
Short title
This Act may be cited as the   Greenlighting Growth Act  .
2.
Financial statement reporting requirements for emerging growth companies
(a)
Securities Act of 1933
Section 7(a)(2) of the Securities Act of 1933 ( 15 U.S.C. 77g(a)(2) ) is amended—
(1)
in subparagraph (A), by striking  and  at the end;
(2)
by redesignating subparagraph (B) as subparagraph (C); and
(3)
by inserting after subparagraph (A) the following:
(B)
need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering; and
 .
(b)
Securities Exchange Act of 1934
Section 12(b)(1)(K) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78l(b)(1)(K) ) is amended by striking  firm  and inserting  firm, provided that the application of an emerging growth company need not present acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto, for any period prior to the earliest audited period of the emerging growth company presented in connection with its application and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under section 210.3–05 or section 210.8–04 of title 17, Code of Federal Regulations, or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with any application under this subsection .
     Passed the House of Representatives July 21, 2025.  Kevin F. McCumber,  Clerk.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-05-13
  2. Passed House2025-07-21
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in House May 13, 2025

hb3343/introduced-in-house.md

Shown Here:
Introduced in House (05/13/2025)

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.

Sponsors

Rep. Mike Haridopolos (R) sponsors H.R. 3343, and 1 member has co-sponsored it from the day it was introduced.

Committees

H.R. 3343 went before 2 committees: Banking, Housing, and Urban Affairs and Financial Services.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · Jul 22, 2025 · 465 Bills
Financial Services
Financial Services
Reported By · Jun 3, 2025 · 559 Bills

Reports

1 committee report has been filed on H.R. 3343, the latest H. Rept. 119-119.

Actions

H.R. 3343 has taken 13 actions since May 13, 2025, the latest on Jul 22, 2025.

ChamberAction
Jul 22, 2025
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Jul 21, 202517:04
House
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jul 21, 202517:04
House
Considered under suspension of the rules. (consideration: CR H3503-3504)
Jul 21, 202517:04
House
DEBATE - The House proceeded with forty minutes of debate on H.R. 3343.
Jul 21, 202517:09
House
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3503)

Votes

H.R. 3343 has not gone to a roll call.

1 bill is related to H.R. 3343.

Titles

H.R. 3343 goes by 7 titles, 4 of them short titles.

  • 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. — Official Titles from EH (Engrossed in House) bill text
  • Greenlighting Growth Act — Short Titles from RFS (Referred to Senate) bill text
  • Greenlighting Growth Act — Display Title
  • Greenlighting Growth Act — Short Title(s) as Passed House
  • Greenlighting Growth Act — Short Title(s) as Reported to House
  • 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. — Official Title as Introduced
  • Greenlighting Growth Act — Short Title(s) as Introduced

Lobbying

3 clients hired 3 firms and 108 registered lobbyists who named H.R. 3343 in 9 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Small Business, Banking, Budget/Appropriations, Financial Institutions/Investments/Securities, Labor Issues/Antitrust/Workplace, Taxation/Internal Revenue Code, Aerospace, Automotive Industry.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.—District of Columbia16—
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)—Virginia12—
AMERICANS FOR FINANCIAL REFORM—District of Columbia11—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.16—
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)12—
AMERICANS FOR FINANCIAL REFORM11—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 108.

LobbyistFirmsClientsFilings
ABELARDO TORRES116
ALEXA BRANSON116
ANDREA PORWOLL116
ASHLEY GUM116
BRADLEY WATTS116
BRINCE MANNING116
BROOKE MILLER116
CASSIA CARVALHO116
CHAD WHITEMAN116
CHANTEL SHEAKS116
CHRISTOPHER CRENSHAW116
CHRISTOPHER EYLER116
CHRISTOPHER GUITH116
CHRISTOPHER ROBERTI116
CLARK JACKSON116
DAN BYERS116
ERIN DELANEY116
ESPERANZA JELALIAN116
FOXHALL PARKER116
GARY LITMAN116

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Amendme…
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 second_quarter$19.3M2nd Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 fourth_quarter$18M4th Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 second_quarter$17M2nd Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 third_quarter$13.7M3rd Quarter - Report
AMERICANS FOR FINANCIAL REFORMAMERICANS FOR FINANCIAL REFORM2025 second_quarter$150K2nd Quarter - Report
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)2025 second_quarter$65K2nd Quarter - Report
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)2025 third_quarter$55K3rd Quarter - Report

Classification

The Congressional Research Service files H.R. 3343 under Finance and Financial Sector, one of its 31 policy areas, and gives it 7 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 3343’s is Finance and Financial Sector.

hr3343/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.R. 3343 carries 7 of CRS’s legislative subjects, from Accounting and auditing to Securities and Exchange Commission (SEC).

hr3343/subjects.txt
Accounting and auditingAdministrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 3343, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 80 (Tuesday, May 13, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HARIDOPOLOS:H.R. 3343.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 3: To regulate commerce withstates, other nations, and Native American tribes. Article 1,Section 8, Clause 18: Authority to create laws that arenecessary and proper to carry out the laws of the land.[Page H2001]

Source: congress.gov · legiscan.com