S4034119th CongressWALLET

ELEVATE Act of 2026

Sponsored By: Senator Sen. Ricketts, Pete [R-NE]

Introduced

Summary

Creates a confidential review pathway that would let issuers submit draft registration statements to the SEC for nonpublic review and tightens some disclosure rules for Emerging Growth Companies.

Show full summary
  • Emerging Growth Companies: The bill would change how required registration items are organized and limit one disclosure to covering no more than the two preceding fiscal years.
  • Issuers: Any issuer could confidentially submit a draft registration for SEC review, but the initial confidential submission and any amendments must be publicly filed no later than 10 days before the security lists on a national securities exchange.
  • SEC and records: The SEC would not be compelled to disclose information provided under this pathway. Material from these confidential reviews would be treated as exempt from public release under 5 U.S.C. 552 and as confidential under section 24.

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Confidential SEC review for issuers

If enacted, any issuer would be able to give the SEC a draft registration privately for staff review before publicly filing. The draft and any changes would have to be filed publicly no later than 10 days before the security lists on a national exchange. The SEC would treat those drafts and related information as confidential and would not be compelled to disclose them under FOIA or section 24. This would take effect upon enactment.

Less financial history for emerging companies

If enacted, an emerging growth company would only need to include financial statements covering not more than the two preceding fiscal years in its registration. This change would apply only when the issuer qualifies as an emerging growth company. This would take effect upon enactment.

Free Policy Watch

You just read the policy. Now see what it costs you.

Pick a topic. PRIA runs your household against live legislation and sends you a free personalized readout.

Pick a topic to get started

Sponsors & CoSponsors

Sponsor

Sen. Ricketts, Pete [R-NE]

NE • R

Cosponsors

  • Sen. Cortez Masto, Catherine [D-NV]

    NV • D

    Sponsored 3/10/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov

Live Policy Activity

Live

Surfaced from PRIA's policy knowledge graph — ranked by signal strength, connected by evidence.

Live · 5h ago15,853Bills1,439Wiki4 signals surfaced
Now TrackingHR8495
Moving· 6 days in stage

Financial Services and General Government Appropriations Act, 2027

Rep. Joyce, David P. [R-OH-14] (R-OH)
IntroducedApr 24
Cmte Reported
Passed Origin Chbr
Passed Second Chbr
Resolving Diffs
Enrolled
Became Law
Current StageIntroduced· 6d

Appropriations package that would fund Treasury and IRS while imposing rulemaking limits and detailed DC policy constraints, affecting taxpayers, community lenders, and DC residents.

How These Connect

· reasoned by PRIA's knowledge graph
Graph Connectionextracted100% confidence
Financial Services and General Government Appropriations Act, 20273 U.S.C. § 106 — Assistance and services for the Vice President

vernment, $8,000,000, to remain available until expended. Special Assistance to the President salaries and expenses For necessary expenses to enable the Vice President to provide assistance to the President in connection with specially assigned functions; services as authorized by 5 U.S.C. 3109 and 3 U.S.C. 106, including subsistence expenses as authorized by 3 U.S.C. 106, which shall be expended and accounted for as provided in that section; and hire of passenger motor vehicles, $6,015,000.

Graph Connectionextracted100% confidence
A bill to appoint a Geothermal Ombudsman and establish a Geothermal Permitting Task Force from within the Bureau of Land Management, and for other purposes.30 U.S.C. § 1002 — Lands subject to geothermal leasing

.--The term ``geothermal energy project'' means a project wholly or partially located on public land that uses geothermal energy to generate heat or electricity. (3) Public land.--The term ``public land'' means lands subject to geothermal leasing under section 3 of the Geothermal Steam Act of 1970 (30 U.S.C. 1002). (4) Secretary.--The term ``Secretary'' means the Secretary of the Interior. (5) Task force.--The term ``Task Force'' means the Geothermal Permitting Task Force established under subsection (c). (b) Geothermal Ombudsman.-- (1) In general.--Not later than 60 days after the date of ena

Back to Legislation

Take It Personal

Get Your Personalized Policy View

Take the PRIA Score to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.

Already have an account? Sign in