H.R. 3395 · Where this bill is now
In the Senate
Passed the House Jul 21, 2025. Received Jul 22, 2025; no Senate vote yet
What this bill does
In plain words · AI-written from the official summaryStudy ordered on small company IPO costs
When a company goes public by offering its stock to the public for the first time—called an IPO—there are real expenses involved. This bill asks the Government Accountability Office, a watchdog agency that studies federal issues, to look into and report back on what those costs are for small- and medium-sized companies.
How it affects you
This doesn't directly change anything for most people right now. It's a fact-finding mission. But if you own or work at a small or medium-sized company thinking about going public someday, the information could help you understand what that process would cost.
Read the official summary (Introduced in House, May 14, 2025)
Middle Market IPO Cost Act
This bill requires the Government Accountability Office to study and report on the costs encountered by small- and medium-sized companies when undertaking initial public offerings.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 3395
AN ACT
Middle Market IPO Cost Act
Sponsor: Rep. James A. Himes (D-CT-4) · Introduced May 14, 2025 · Finance and Financial Sector · 4 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jul 22, 2025: “Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.”