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Easier Access to Capital Markets for Companies

This bill lowers the requirements for companies to be considered "well-known seasoned issuers." This means more companies can raise money for growth faster and easier, potentially leading to new job creation and economic growth. For citizens, this could mean more investment opportunities and a stronger economy.
Key points
Lowers the stock market value threshold for companies to qualify as "well-known seasoned issuers."
More companies will gain easier access to raising capital on the stock market.
This could support economic development and job creation.
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Status:
Expired
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Additional Information
Print number: 117_HR_9562
Sponsor: Rep. Steil, Bryan [R-WI-1]
Process start date: 2022-12-14
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_9562.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-12-14.

What are the main provisions?

Key points include:

  • Lowers the stock market value threshold for companies to qualify as "well-known seasoned issuers."
  • More companies will gain easier access to raising capital on the stock market.
  • This could support economic development and job creation.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Steil, Bryan [R-WI-1].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy