HR 4130 119th Congress

Small Business Relief Act

Latest Action

Placed on the Union Calendar, Calendar No. 450.

Congress.gov

Sponsors

Rep. Garbarino, Andrew R. [R-NY-2]

Rep. Garbarino, Andrew R. [R-NY-2]

R — NY

Summary

Small 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.

Actions

2026-02-25T00:00:00

Placed on the Union Calendar, Calendar No. 450.

2026-02-25T00:00:00

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.

2026-02-25T00:00:00

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.

2025-12-17T00:00:00

Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.

2025-12-17T00:00:00

Committee Consideration and Mark-up Session Held

2025-12-16T00:00:00

Committee Consideration and Mark-up Session Held

2025-06-25T00:00:00

Referred to the House Committee on Financial Services.

2025-06-25T00:00:00

Introduced in House

2025-06-25T00:00:00

Introduced in House

Policy Areas

Finance and Financial Sector

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