Passed the HouseHouse Bill

Expanding WKSI Eligibility Act

Summary · Congressional Research Service (nonpartisan)

This bill reduces the required aggregate market value of voting and non-voting common equity shares for an issuer of securities to qualify as a well-known seasoned issuer. A well-known seasoned issuer is allowed to make expedited public offerings of securities through automatic shelf registrations.

This summary describes the bill as introduced. It has been amended once since — the current text may differ. View latest version

Introduced Jul 16, 2025Last action Dec 1, 2025GovTrack

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Latest version: Referred in Senate (Dec 2, 2025)

Who introduced this

Bryan Steil

Republican

U.S. Representative · WI-1

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