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H.R. 5877: Main Street Growth Act

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To amend the Securities Exchange Act of 1934 to allow for the registration of venture exchanges, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Tom Emmer

Sponsor. Representative for Minnesota's 6th congressional district. Republican.

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Last Updated: Jul 11, 2018
Length: 12 pages
Introduced:

May 18, 2018

Status:

Passed House (Senate next) on Jul 10, 2018

This bill passed in the House on July 10, 2018 and goes to the Senate next for consideration.

Prognosis:

17% chance of being enacted according to Skopos Labs (details)

What stakeholders are saying

Institute for Spending Reform: SpendingTracker.org estimates H.R. 5877 will add $5 million in new spending through 2023.

History

May 18, 2018
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jun 7, 2018
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Jul 10, 2018
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next. The vote was by voice vote so no record of individual votes was made.

Jul 10, 2018
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

If this bill has further action, the following steps may occur next:
 
Passed Senate

 
Signed by the President

H.R. 5877 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:

“H.R. 5877 — 115th Congress: Main Street Growth Act.” www.GovTrack.us. 2018. December 15, 2018 <https://www.govtrack.us/congress/bills/115/hr5877>

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.