HR 4171 119th Congress
SEED Act of 2025
Latest Action
Placed on the Union Calendar, Calendar No. 492.
Sponsors
Summary
Small Entrepreneurs' Empowerment and Development Act of 2025 or the SEED Act of 2025
This bill creates an exemption to securities registration requirements for a micro-offering of securities. In general, the Securities and Exchange Commission (SEC) prohibits the offering or selling of securities unless the offering is registered with the SEC or the offering qualifies for an exemption from registration requirements.
The bill defines a micro-offering as an aggregate amount of securities offered or sold by an issuer that does not exceed $500,000 in a 12-month period. This exemption does not apply to issuers who are convicted of specified financial crimes or are subject to specified professional disciplinary actions.
Actions
2026-03-25T00:00:00
Placed on the Union Calendar, Calendar No. 492.
2026-03-25T00:00:00
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572.
2026-03-25T00:00:00
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572.
2026-03-04T00:00:00
Ordered to be Reported by the Yeas and Nays: 26 - 17.
2026-03-04T00:00:00
Committee Consideration and Mark-up Session Held
2025-06-26T00:00:00
Referred to the House Committee on Financial Services.
2025-06-26T00:00:00
Introduced in House
2025-06-26T00:00:00
Introduced in House
Policy Areas
Finance and Financial Sector
![Rep. Garbarino, Andrew R. [R-NY-2]](https://bioguide.congress.gov/bioguide/photo/G/G000597.jpg)