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![handle is hein.congrecreports/crptxaasv0001 and id is 1 raw text is: AUTHENTICATEO
U.S. GOVERNMENT
INFORMATION
Gp
115TH CONGRESS REPORT
1st Session HOUSE OF REPRESENTATIVES 115-374
ENCOURAGING PUBLIC OFFERINGS ACT OF 2017
OCTOBER 31, 2017.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Mr. HENSARLING, from the Committee on Financial Services,
submitted the following
REPORT
[To accompany H.R. 3903]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 3903) to amend the Securities Act of 1933 to expand the
ability to use testing the waters and confidential draft registration
submissions, and for other purposes, having considered the same,
report favorably thereon with amendments and recommend that
the bill as amended do pass.
The amendments (stated in terms of the page and line numbers
of the introduced bill) are as follows:
Page 2, strike lines 1 through 5 and insert the following:
(1) in section 5(d)-
(A) by striking Notwithstanding and inserting
the following:
(1) IN GENERAL.-Notwithstanding;
(B) by striking an emerging growth company or
any person authorized to act on behalf of an
emerging growth company and inserting an
issuer or any person authorized to act on behalf of
an issuer; and
(C) by adding at the end the following:
(2) ADDITIONAL REQUIREMENTS.-
(A) IN GENERAL.-The Commission may issue
regulations, subject to public notice and comment,
to impose such other terms, conditions, or require-
ments on the engaging in oral or written commu-
nications described under paragraph (1) by an
issuer other than an emerging growth company as
the Commission determines appropriate.
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