Expanding WKSI Eligibility Act
Lowers size needed for faster stock and bond sales by public companies
Stalled
No legislative action in over 90 days.
↔Companion bill: Business: Easier Access to Stock Market Rules for Mid-Sized CompaniesLegislative Progress
Key Points
- Sets a $400 million market value threshold so more mid-size public companies can use a fast-track process to sell stock or bonds
- With fast-track status, companies can raise money more quickly and at lower cost, which can support hiring, new products, or paying down debt
- Investors may see more frequent stock and bond offerings. Faster timelines mean less waiting, but also less time to review new filings before a sale
- Does not change other basic rules, like filing reports on time and avoiding fraud. Companies still must meet those standards to qualify
- The Securities and Exchange Commission would publish each year how many companies pulled back requests tied to this fast-track status
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4952)
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4952)
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
DEBATE - The House proceeded with forty minutes of debate on H.R. 4430.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Expanding WKSI Eligibility Act
Data Sources
Sponsor
Cosponsors
(3)Analysis generated by AI. Always verify with official sources.