Helping Startups Continue To Grow Act

This bill changes who counts as an “emerging growth company” under federal securities laws. It raises the size limit to $3 billion in annual revenue and lets qualifying companies keep that status for up to 10 years after going public. It makes the same updates in both the 1933 and 1934 securities laws and includes small technical fixes to keep the laws consistent.

• Who is affected: Growing companies that are public or plan to go public and want to qualify as emerging growth companies.
• What changes: Revenue cap set at $3,000,000,000; eligibility period extended from 5 years to 10 years; parallel updates to the 1933 and 1934 laws; technical corrections to cross-references.
• When: Would take effect if enacted into law.