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Bill · 119th Congress · HR 3959
Protecting Private Job Creators Act
Refreshed 3 h ago
Introduced 2025-06-12Topic: economy jobs · governance ethicsSummary
Summary by the Congressional Research ServiceProtecting Private Job Creators Act This bill provides statutory authority for an exemption from specified disclosure requirements applicable to fixed-income securities (e.g., corporate bonds or a certificate of deposit). Under current securities regulations, brokers and dealers are generally prohibited from publishing securities quotations (i.e., the sale price) in over-the-counter (i.e., not on a national exchange) markets unless they have certain information about the securities issuer in their records. The Securities and Exchange Commission issued a series of orders (with the latest order issued in November 2024) granting an exemption to this rule to fixed-income securities that comply with specified safe-harbor rules. The bill provides statutory authority for this exemption.
Sponsors
- Troy Downing Republican sponsor
- 6 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-02-25 | House | Placed on the Union Calendar, Calendar No. 448. | |
| 2026-02-25 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523. | report |
| 2026-02-25 | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523. | report | |
| 2025-12-17 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 11. | refer |
| 2025-12-17 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-12-16 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-06-12 | House | Referred to the House Committee on Financial Services. | refer |
| 2025-06-12 | Introduced in House | introduce | |
| 2025-06-12 | Introduced in House | introduce |