Loading chat...
US HB4430
Bill
Status
12/2/2025
Primary Sponsor
Bryan Steil
Click for details
AI Summary
-
Lowers the market value threshold for qualifying as a "well-known seasoned issuer" (WKSI) to $400 million in aggregate voting and non-voting common equity held by non-affiliates
-
Issuers meeting the new $400 million threshold must still satisfy all other existing WKSI requirements under SEC regulations (17 CFR 230.405), except for the current higher minimum market value requirement
-
Requires the SEC to publish an annual report within 90 days after each calendar year on the number of withdrawn WKSI eligibility applications
-
Passed the House of Representatives on December 1, 2025
Legislative Description
Expanding WKSI Eligibility Act
Finance and financial sector
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
12/2/2025