Middle Market IPO Cost Act
To require the Comptroller General of the United States to carry out a study of the costs associated with small- and medium-sized companies to undertake initial public offerings.
HB3395, known as the Middle Market IPO Cost Act, is a bill that aims to commission a study on the expenses small- and medium-sized companies face when going public through initial public offerings (IPOs). This study will be conducted by the Comptroller General of the United States, who is tasked with providing a detailed report on these costs. The bill was introduced on May 14, 2025, and has since been referred to the House Committee on Financial Services. After being reported with amendments on June 3, 2025, it was passed by the House on July 21, 2025, and sent to the Senate for further consideration.
This bill primarily affects small- and medium-sized businesses by aiming to shed light on the financial barriers they encounter during the IPO process. By understanding these costs better, the bill hopes to facilitate smoother paths for these companies to go public, potentially attracting more investment and growth opportunities. As of July 22, 2025, the bill has been received by the Senate and referred to the Committee on Banking, Housing, and Urban Affairs for further review.
Recent key actions for HB3395 include its introduction in the House on May 14, 2025, referral to the Financial Services Committee, and a report with amendments on June 3, 2025. On July 21, 2025, the House passed the bill under suspension of the rules by a voice vote, and it was then sent to the Senate for additional consideration.
