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Bill · 119th Congress · HR 4130
Small Business Relief Act
Refreshed 3 h ago
Introduced 2025-06-25Topic: economy jobsSummary
Summary by the Congressional Research ServiceSmall Business Relief Act This bill allows issuers of securities to have institutional investors and buyers in a class of securities without needing to comply with certain Securities and Exchange Commission (SEC) registration requirements. Currently, issuers of securities must register with and periodically report to the SEC when, among other requirements, the number of investors in a class of securities exceeds a specific cap. Under the bill, qualified institutional buyers and institutional accredited investors do not count towards this cap.
Sponsors
- Andrew R. Garbarino Republican sponsor
- 1 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-02-25 | House | Placed on the Union Calendar, Calendar No. 450. | |
| 2026-02-25 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525. | report |
| 2026-02-25 | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525. | report | |
| 2025-12-17 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24. | 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 |
| 2025-06-25 | House | Referred to the House Committee on Financial Services. | refer |
| 2025-06-25 | Introduced in House | introduce | |
| 2025-06-25 | Introduced in House | introduce |