PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

H.R. 2064: “Improving Access to Capital for Emerging Growth Companies Act”

By at 14 July, 2015, 9:34 am

UPDATE:  On July 14, the U.S. House passed the Improving Access to Capital for Emerging Growth Companies Act by voice vote.

 

The Honorable Stephen Fincher

United States House of Representatives

2452 Rayburn Building

Washington, DC  20515

 

Dear Representative Fincher:

On behalf of the 100,000 members of the Small Business & Entrepreneurship Council (SBE Council), I am pleased to support H.R. 2064, the “Improving Access to Capital for Emerging Growth Companies Act.”

H.R. 2064 streamlines the process for companies that plan to offer an Initial Public Offering (IPO).  As you well know, it is critical to work to ease barriers and burdens that prevent small firms from accessing the capital markets. Your bill would shorten the 21-day filing period to 15 days, which means companies will be relieved of filing multiple financials and other disclosures before the public launch.

Identifying and acting on straightforward ways to help promising growth firms save time and resources matters to their bottom line and competitiveness. H.R. 2064 is one of these important ways.  SBE Council is pleased to work with you to advance H.R. 2064 into law.

Sincerely,

Karen Kerrigan, President & CEO

 

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