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Public Statements

Increasing Shareholder Threshold for SEC Registration

Floor Speech

Location: Washington, DC


Mr. HUIZENGA of Michigan. Mr. Speaker, I rise today in support of H.R. 1965.

We missed that number by one. It should be 1964, because 1964 was the last time that they actually updated these registration numbers. That is a very long time. I can tell you, at age 42, it was a number of years before I was even born the last time that this happened, and it's high time that it does happen.

I can also tell you, Mr. Speaker, that here with the Republican Americans' Job Creators Plan, the first thing on that list is: Empower small businesses and reduce government barriers to job creation.

And I really hope that this bipartisan bill doesn't become part of that lost 15 over in the Senate. This is a very proactive, bipartisan step that this body is taking that as it goes over across to that next Chamber needs to be addressed. We need to do this because we must modernize; we must update; we must do these things to remain competitive on a world market.

Mr. Speaker, I appreciate the opportunity and am pleased that I could rise in support of that bill.


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