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Safe Access to Cash Act of 2026
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119th Congress · H.R. 3301 · Passed Origin

Encouraging Local Emerging Ventures and Economic Growth Act of 2025

This bill provides statutory authority for certain requirements related to registration statements submitted to the Securities and Exchange Commission (SEC). First, the bill allows under statute an emerging growth company to submit profit and loss statements from the previous two years, rather than the previous three years as is required of other reporting companies. In addition, the bill allows under statute any issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.

Full bill text →

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SubjectsAdministrative law and regulatory proceduresBusiness recordsGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)
Sponsor
Zachary (Zach) M. Nunn, R-IA-3
2 terms · @ZachNunn
Official website ↗
1410 Longworth House Office Building Washington DC 20515-1503 · 202-225-5476
Cosponsors (1)
  • Janelle S. Bynum, D-OR-5Original cosponsor
    Co-sponsored May 8, 2025 · 1 term · @RepBynum
Committees (2)
  • Banking, Housing, and Urban Affairs Committee
    Senate Standing · Activity Jun 24, 2025
  • Financial Services Committee
    House Standing · Activity Jun 3, 2025
Actions (15)
  1. Jun 24, 2025 · via Senate
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jun 23, 2025 · via House floor actions
    Motion to reconsider laid on the table Agreed to without objection.
  3. Jun 23, 2025 · via House floor actions
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)
  4. Jun 23, 2025 · via Library of Congress
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)
  5. Jun 23, 2025 · via House floor actions
    DEBATE - The House proceeded with forty minutes of debate on H.R. 3301.
  6. Jun 23, 2025 · via House floor actions
    Considered under suspension of the rules. (consideration: CR H2871-2872)
  7. Jun 23, 2025 · via House floor actions
    Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
  8. Jun 3, 2025 · via House floor actions
    Placed on the Union Calendar, Calendar No. 91.
  9. Jun 3, 2025 · via House floor actions
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.
  10. Jun 3, 2025 · via Library of Congress
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.
  11. May 20, 2025 · via House committee actions
    Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
  12. May 20, 2025 · via House committee actions
    Committee Consideration and Mark-up Session Held
  13. May 8, 2025 · via House floor actions
    Referred to the House Committee on Financial Services.
  14. May 8, 2025 · via Library of Congress
    Introduced in House
  15. May 8, 2025 · via Library of Congress
    Introduced in House
Known as

Encouraging Local Emerging Ventures and Economic Growth Act of 2025

IntroducedMay 8, 2025
Policy areaFinance and Financial Sector
SourceView on Congress.gov ↗
Bill textRead full text →

Constitutional authority cited

[Congressional Record Volume 171, Number 77 (Thursday, May 8, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. NUNN of Iowa:H.R. 3301.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the United States ConstitutionTo make all laws which should be necessary and proper forcarrying into execution in the foregoing powers, and allother powers vested by this Constitution in the government ofthe United States, or in any Department or Officer thereof.[Page H1945]
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