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H.R. 4697

Small-Cap Access to Capital Act

Small-Cap Access to Capital Act - Directs the Securities and Exchange Commission (SEC) to revise its definition of a well-known seasoned issuer to: (1) reduce from $700 million to $250 million the dollar amount of the issuer's worldwide market value of outstanding voting and non-voting common equity held by non-affiliates, and (2) prohibit an emerging growth company from qualifying as a well-known seasoned issuer.

Ordered to be Reported by the Yeas and Nays: 32 - 27.

Rep. McCarthy, Kevin [R-CA-23](R-CA)Sponsor
1committees6actions5subjects
  • Introduced in HouseMay 21, 2014
  1. Committee

    Ordered to be Reported by the Yeas and Nays: 32 - 27.

  2. Committee

    Committee Consideration and Mark-up Session Held.

  3. IntroReferralH11100

    Referred to the House Committee on Financial Services.

  4. IntroReferralIntro-H

    Introduced in House

  5. IntroReferral1000

    Introduced in House

  6. Committee

    Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.