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
What stakeholders are saying
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. February 25, 2018 <https://www.govtrack.us/congress/bills/115/hr3903>
|title=H.R. 3903 (115th)
|accessdate=February 25, 2018
|author=115th Congress (2017)
|date=October 2, 2017
|quote=Encouraging Public Offerings Act of 2017
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.