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Proposed

Bill · 119th Congress · S 4034

ELEVATE Act of 2026

Refreshed 5 h ago

Introduced 2026-03-10Topic: economy jobs

Summary

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This bill changes the Securities Exchange Act of 1934 rules for companies registering securities to be listed on a national stock exchange. It would let an emerging growth company include financial statements covering no more than the two preceding fiscal years in its registration statement. It would allow any company to send a draft registration statement to Securities and Exchange Commission staff for private review before filing it publicly. The draft and all its amendments would have to be made public at least 10 days before the security is listed on an exchange. Information given to the Commission through this private review would be treated as confidential and shielded from Freedom of Information Act requests.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-03-10SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.refer
2026-03-10Introduced in Senateintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.