About the bill
H.R. 3903 expands certain provisions of Title I of the JOBS Act, which previously only applied to Emerging Growth Companies, to apply to all public companies. Specifically, the legislation allows issuers to submit to the SEC for confidential review before publicly filing draft registration statements for Initial Public Offerings and for follow-on offerings within one year of an IPO. Additionally, the bill allows all companies to meet with qualified institutional buyers and other institutional accredited investors prior to an offering to gauge those investors’ interest in the offering.
Sponsor and status
Sponsor. Representative for North Carolina's 13th congressional district. Republican.
Last Updated: Nov 2, 2017
Length: 5 pages
H.R. 3903 is a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
Civic Impulse. (2018). H.R. 3903 — 115th Congress: Encouraging Public Offerings Act of 2017. Retrieved from https://www.govtrack.us/congress/bills/115/hr3903
“H.R. 3903 — 115th Congress: Encouraging Public Offerings Act of 2017.” www.GovTrack.us. 2017. April 21, 2018 <https://www.govtrack.us/congress/bills/115/hr3903>
|title=H.R. 3903 (115th)
|accessdate=April 21, 2018
|author=115th Congress (2017)
|date=October 2, 2017
|quote=Encouraging Public Offerings Act of 2017
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