SUSPENSION BILLS

A suspension bill is a bill passed by the House through suspending the rules to move quickly, circumventing the House Rules Committee. Suspension bills are typically less controversial pieces of legislation, and as the rules are being suspended, they require a higher threshold, two-thirds of those voting in the House, to pass. Additionally, these bills are often passed by a voice vote, without a formal roll call vote.

06/05/2023

H.R. 2812

Middle Market IPO Cost Act

Passed  |  390-10
My Vote  |  YES

This bill requires the Securities and Exchange Commission to study and report on the costs encountered by small- and medium-sized companies when undertaking initial public offerings and certain offerings exempt from securities registration requirements.

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06/05/2023

H.R. 2793

Encouraging Public Offerings Act

Passed  |  384-13
My Vote  |  YES

This bill allows issuers of securities to test the waters with potential investors before or after filing a registration statement, leading to safer investments.