Expanding WKSI Eligibility Act

Sponsored by Rep. Bryan Steil (R-WI) · 3 active : 1 Republican, 2 Democrats

Latest action: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Read the summary

Where it standsPassed House, now in the Senate

Passed House

House: passedDec 1, 2025
Senate: next
President: not yet

9 senators score as swing votes

Summary

, via Congress.gov

Summary on Congress.gov

This bill reduces the required aggregate market value of voting and non-voting common equity shares for an issuer of securities to qualify as a well-known seasoned issuer. A

well-known seasoned issuer

is allowed to make expedited public offerings of securities through automatic shelf registrations.

How the projections held up

Each member’s recorded vote compared with their swing projection from before the vote. A member by voting against most of their own party.

House

Passed by voice vote or unanimous consent: no individual votes recorded.

Committees and subjects

Committees

House Committee on Financial Services · HouseReported by · Markup by · Referred to
Senate Committee on Banking, Housing, and Urban Affairs · SenateReferred to

Subjects

Business investment and capital
Corporate finance and management
Securities

Senate · 100 House · 433

Model

v3defaultv2

Directional: count only breaks toward the other party Why do scores change?

How the House breaks down

45Swing 70–100
202Middle 30–70
184Entrenched 0–30
2Insufficient data not ranked

Members fall into . 2 representatives don’t have enough data yet and are marked “insufficient data”. Non-voting delegates are not counted. The bill is not before the House right now; these scores show where members would stand.

Key players in the House

Ranked by swing score, 0–100 · swing-v2, directional

: only movement toward the other party counts, so members who sit further from the center than their party no longer score as swing votes.

Bars show each input from 0 to 100: ideology gap, scorecard gap, . is the seat’s partisan lean, and shows how much of the input data a score has.

Similar past votes, House

Earlier behind swing-v3’s input

Similar votes count toward swing-v3 in the House: total similarity weight 27.0 (needs 5.0).

H.R. 3383 · Dec 11, 2025 · Roll call 327On PassageIncreasing Investor Opportunities Act
PassedShared subjects×1.0
H.R. 3383 · Dec 11, 2025 · Roll call 326On Agreeing to the Amendment
FailedShared subjects×1.0
H.R. 3383 · Dec 11, 2025 · Roll call 325On Agreeing to the Amendment
FailedShared subjects×1.0
H.R. 3383 · Dec 11, 2025 · Roll call 324On Agreeing to the Amendment
FailedShared subjects×1.0
H.R. 3357 · Jul 23, 2025 · Roll call 216On Motion to Suspend the Rules and Pass, as AmendedEnhancing Multi-Class Share Disclosures Act
PassedShared subjects×1.0
H.R. 2799 · Mar 8, 2024 · Roll call 796On PassageExpanding Access to Capital Act
PassedShared subjects×1.0
H.R. 2799 · Mar 8, 2024 · Roll call 794On Agreeing to the Amendment
FailedShared subjects×1.0
H.R. 2799 · Mar 8, 2024 · Roll call 793On Agreeing to the Amendment
FailedShared subjects×1.0

Show 17 more

H.R. 2799 · Mar 8, 2024 · Roll call 792On Agreeing to the Amendment
FailedShared subjects×1.0
H.R. 2799 · Mar 8, 2024 · Roll call 791On Agreeing to the Amendment
FailedShared subjects×1.0
H.R. 2799 · Mar 7, 2024 · Roll call 790On Agreeing to the Amendment
FailedShared subjects×1.0
H.R. 2799 · Mar 7, 2024 · Roll call 789On Agreeing to the Amendment
Agreed toShared subjects×1.0

Cosponsors

3 active

Show all 3 cosponsors

Cleo Fields (D-LA-6)
Daniel Meuser (R-PA-9)
James A. Himes (D-CT-4)

How the swing score works

Ideology gapHow far a member’s DW-NOMINATE voting score sits from their party’s median in the same chamber.

Scorecard gapHow far their Heritage Action and LCV ratings stray from their party’s average, using the groups’ votes on similar bills where available.

Cross-pressureHow strongly their district or state leans toward the other party, from our own computed partisan lean.

Similar votesHow often they voted against their own party on earlier roll calls about this bill or similar ones.

Committee bonusMembers of the committees handling the bill decide whether it moves, so they get a boost.

Cosponsor checkThe sponsor and active cosponsors have already committed, so they drop toward entrenched.