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Study on Costs for Small and Medium Companies to Go Public

This act mandates a study on the costs incurred by small and medium-sized companies when undertaking initial public offerings (IPOs). The goal is to understand how these costs affect the availability of public securities for everyday investors and overall capital formation. The study's findings could lead to changes that make it easier for companies to raise capital, potentially increasing investment opportunities for citizens.
Key points
Requires a comprehensive study on the direct and indirect costs of IPOs for small and medium-sized companies.
Analyzes the impact of these costs on the availability of public securities for retail investors and on capital formation.
Potential for legislative recommendations to reduce barriers for companies and increase investment opportunities for citizens.
article Official text account_balance Process page
VOTING RESULTS
2023-06-05
98%
For 390
Against 10
Abstain 0
Full voting results open_in_new
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_2812
Sponsor: Rep. Himes, James A. [D-CT-4]
Process start date: 2023-04-25
Voting date: 2023-06-05
Meeting no: 1
Voting no: 246
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Middle Market IPO Cost Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2812.

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 2023-04-25.

What are the main provisions?

Key points include:

  • Requires a comprehensive study on the direct and indirect costs of IPOs for small and medium-sized companies.
  • Analyzes the impact of these costs on the availability of public securities for retail investors and on capital formation.
  • Potential for legislative recommendations to reduce barriers for companies and increase investment opportunities for citizens.
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

Where is the official voting record?

The official roll call vote is recorded at: voting record

Who is the primary sponsor?

The primary sponsor is Rep. Himes, James A. [D-CT-4].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 390 - 10 (Roll no. 246). (text: CR H2729)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy