I 118th CONGRESS 1st Session H. R. 2624 IN THE HOUSE OF REPRESENTATIVES April 13, 2023 Mr. Steil introduced the following bill; which was referred to the Committee on Financial Services A BILL To update the definition of an emerging growth company, and for other purposes.

1. Short title This Act may be cited as the Helping Startups Continue To Grow Act . 2. Emerging growth company criteria (a) Securities Act of 1933 Section 2(a)(19) of the Securities Act of 1933 ( 15 U.S.C. 77b(a)(19) ) is amended— (1) by striking $1,000,000,000 each place such term appears and inserting $2,000,000,000 ; (2) in subparagraph (B)— (A) by striking fifth and inserting 10-year ; and (B) by adding or at the end; (3) in subparagraph (C), by striking ; or and inserting a period; and (4) by striking subparagraph (D). (b) Securities Exchange Act of 1934 Section 3(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) ) is amended, in the first paragraph (80)— (1) by striking $1,000,000,000 each place such term appears and inserting $2,000,000,000 ; (2) in subparagraph (B)— (A) by striking fifth and inserting 10-year ; and (B) by adding or at the end; (3) in subparagraph (C), by striking ; or and inserting a period; and (4) by striking subparagraph (D).