IB 
Union Calendar No. 436 
115TH CONGRESS 
2D SESSION 
H. R. 4529 
[Report No. 115–576] 
To direct the Securities and Exchange Commission to revise Form S–3 
so as to add listing and registration of a class of common equity securi-
ties on a national securities exchange as an additional basis for satisfying 
the requirements of General Instruction I.B.1. of such form and to 
remove such listing and registration as a requirement of General Instruc-
tion I.B.6. of such form. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 1, 2017 
Mrs. WAGNER introduced the following bill; which was referred to the 
Committee on Financial Services 
FEBRUARY 23, 2018 
Committed to the Committee of the Whole House on the State of the Union 
and ordered to be printed 
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A BILL 
To direct the Securities and Exchange Commission to revise 
Form S–3 so as to add listing and registration of a 
class of common equity securities on a national securities 
exchange as an additional basis for satisfying the re-
quirements of General Instruction I.B.1. of such form 
and to remove such listing and registration as a require-
ment of General Instruction I.B.6. of such form. 
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00:22 Feb 24, 2018
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PO 00000
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Accelerating Access 
to Capital Act of 2017’’. 
SEC. 2. EXPANDED ELIGIBILITY FOR USE OF FORM S–3. 
Not later than 45 days after the date of the enact-
ment of this Act, the Securities and Exchange Commission 
shall revise Form S–3— 
(1) so as to permit securities to be registered 
pursuant to General Instruction I.B.1. of such form 
provided that either— 
(A) the aggregate market value of the vot-
ing and non-voting common equity held by non- 
affiliates of the registrant is $75,000,000 or 
more; or 
(B) the registrant has at least one class of 
common equity securities listed and registered 
on a national securities exchange; and 
(2) so as to remove the requirement of para-
graph (c) from General Instruction I.B.6. of such 
form. 
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Union Calendar No. 436 
115TH CONGRESS 
2D SESSION 
H. R. 4529 
[Report No. 115–576] 
A BILL 
To direct the Securities and Exchange Commission 
to revise Form S–3 so as to add listing and reg-
istration of a class of common equity securities 
on a national securities exchange as an additional 
basis for satisfying the requirements of General 
Instruction I.B.1. of such form and to remove 
such listing and registration as a requirement of 
General Instruction I.B.6. of such form. 
FEBRUARY 23, 2018 
Committed to the Committee of the Whole House on the 
State of the Union and ordered to be printed 
VerDate Sep 11 2014 
00:22 Feb 24, 2018
Jkt 079200
PO 00000
Frm 00004
Fmt 6651
Sfmt 6651
E:\BILLS\H4529.RH
H4529
lotter on DSKBCFDHB2PROD with BILLS