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Main Street Growth Act: New Exchanges for Small Businesses

This act allows for the creation of special exchanges, called "venture exchanges," to help small and growing companies raise capital. This could give citizens new investment opportunities in young businesses, while these companies gain easier access to funding, potentially supporting job creation and economic growth.
Key points
Establishes "venture exchanges" – specialized platforms for trading shares of small and growing companies.
Simplifies capital raising for young companies, potentially accelerating their growth.
Introduces streamlined rules for companies listed on these exchanges, while maintaining investor protection.
Offers investors new opportunities to put money into promising early-stage companies.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_3097
Sponsor: Sen. Kennedy, John [R-LA]
Process start date: 2021-10-28
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Main Street Growth Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3097.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-10-28.

What are the main provisions?

Key points include:

  • Establishes "venture exchanges" – specialized platforms for trading shares of small and growing companies.
  • Simplifies capital raising for young companies, potentially accelerating their growth.
  • Introduces streamlined rules for companies listed on these exchanges, while maintaining investor protection.
  • Offers investors new opportunities to put money into promising early-stage companies.
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 Sen. Kennedy, John [R-LA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Public Investments