H.R.3606: Jumpstart Our Business Startups

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Dec. 8, 2011
  • Latest Major Action April 5, 2012

Bill Summary

Jumpstart Our Business Startups Act - Title I: Reopening American Capital Markets to Emerging Growth Companies - (Sec. 101) Amends the Securities Act of 1933 (SA) and the Securities Exchange Act of 1934 (SEA) to define "emerging growth company" as an issuer that had total annual gross revenues of less than $1 billion during its most recently completed fiscal year. Disqualifies from treatment as an emerging growth company any issuer whose first...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.3606.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3606.

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Subcommittee on Capital Markets and Government Sponsored Enterprises Discharged.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 54 - 1.
Reported (Amended) by the Committee on Financial Services. H. Rept. 112-406.
Placed on the Union Calendar, Calendar No. 281.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Supplemental report filed by the Committee on Financial Services, H. Rept. 112-406, Part II.
Rules Committee Resolution H. Res. 572 Reported to House. Rule provides for consideration of H.R. 3606 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. The resolution provides that an amendment in the nature of a substitute consisting of text of Rules Committee Print 112-17 shall be considered as adopted. The resolution waives all points of order against the amendments printed in the report.
Rule H. Res. 572 passed House.
Considered under the provisions of rule H. Res. 572.
Rule provides for consideration of H.R. 3606 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. The resolution provides that an amendment in the nature of a substitute consisting of text of Rules Committee Print 112-17 shall be considered as adopted. The resolution waives all points of order against the amendments printed in the report.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 572 and Rule XVIII.
The Speaker designated the Honorable Robert J. Dold to act as Chairman of the Committee.
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3606.
WORDS TAKEN DOWN - During the course of debate, exception was taken to certain words used and a demand was made to have words taken down. Subsequently, the words were reported to the Committee of the Whole and the Chair announced that the Committee would rise.
Committee of the Whole House on the state of the Union rises leaving H.R. 3606 as unfinished business.
RULING OF THE CHAIR - After review, the Chair ruled that the remarks constituted a personality directed towards an indentifiable Member and announced that, without objection, said remarks would be stricken from the record. Subsequently, the Chair announced that the Committee of the Whole would resume its sitting.
Considered as unfinished business.
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
GENERAL DEBATE - The Committee of the Whole resumed general debate on H.R. 3606.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Fincher amendment No. 1.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the McIntyre amendment No. 2.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Himes amendment No. 3.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Himes amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. Himes demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment No. 4.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Ellison amendment No. 5.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Ellison amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. Ellison demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment No. 6.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mrs. Waters demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment No. 7.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment No. 8.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Connolly (VA) amendment No. 9.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Connolly (VA) amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. Connolly (VA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the McCarthy (CA) amendment No. 10.
UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
Mr. Hensarling moved that the Committee rise.
On motion that the Committee rise Agreed to by voice vote.
Considered as unfinished business.
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the McHenry amendment No. 11.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Miller (NC) amendment No. 12.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Schweikert amendment No. 13.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Capuano amendment No. 14.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Peters (MI) amendment No. 15.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Peters(MI) amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. Peters(MI) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Capps amendment No. 16.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Capps amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mrs. Capps demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
DEBATE - Pursuant to the provisions of H. Res. 572, the Committee of the Whole proceeded with 10 minutes of debate on the Loebsack amendment No. 17.
Mr. Hensarling moved that the committee rise.
On motion that the committee rise Agreed to by voice vote.
Committee of the Whole House on the state of the Union rises leaving H.R. 3606 as unfinished business.
UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3606.
The previous question was ordered pursuant to the rule.
The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
Ms. Eshoo moved to recommit with instructions to Financial Services.
DEBATE - The House proceeded with 10 minutes of debate on the Eshoo motion to recommit with instructions. The instructions contained in the motion seek to require that the bill be reported back to the House with an amendment providing for public disclosures to the Federal Election Commission of any political expenditures or contributions made during a fiscal year.
The previous question on the motion to recommit with instructions was ordered without objection.
On motion to recommit with instructions Failed by recorded vote: 170 - 244 (Roll no. 109).
On passage Passed by recorded vote: 390 - 23 (Roll no. 110).
Motion to reconsider laid on the table Agreed to without objection.
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 3606.
Received in the Senate.
Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 334.
Measure laid before Senate by unanimous consent.
Motion by Senator Reid to commit to Senate Committee on Banking, Housing, and Urban Affairs with instructions that the Committee report back forthwith with amendment SA 1838 made in Senate.
Cloture motion on the bill presented in Senate.
Considered by Senate.
Considered by Senate.
Considered by Senate.
Cloture on the bill invoked in Senate by Yea-Nay Vote. 76 - 22. Record Vote Number: 53.
Motion by Senator Reid to commit to Senate Committee on Banking, Housing, and Urban Affairs with instructions that the Committee report back forthwith with amendment SA 1838 fell when cloture was invoked on the bill in Senate.
Considered by Senate.
Passed Senate with an amendment by Yea-Nay Vote. 73 - 26. Record Vote Number: 55.
Message on Senate action sent to the House.
Mr. Bachus moved that the House suspend the rules and agree to the Senate amendment.
DEBATE - The House proceeded with forty minutes of debate on the Senate amendment to H.R. 3606.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the chair announced that further proceedings on the motion would be postponed.
On motion that the House suspend the rules and agree to the Senate amendment Agreed to by the Yeas and Nays: (2/3 required): 380 - 41 (Roll no. 132).
Motion to reconsider laid on the table Agreed to without objection.
Presented to President.
Signed by President.
Became Public Law No: 112-106.
Dec. 8, 2011

Introduced in the House by Stephen Fincher (R-Tenn.)

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