119th Congress
H.R. 4130
Small Business Relief Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Andrew R. Garbarino(R-NY)
- Introduced
- Jun 25, 2025
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on Financial Services
- Official text
- Reported in House · Congress.gov page
Cosponsors (1)
Added later (1)
- Pete Sessions (R-TX) · Dec 16, 2025
Summary
Summary by the Congressional Research Service· describes the “Reported to House” version
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.
Roll-call votes
No recorded votes on this bill.
Actions
- Feb 25, 2026 · House
Placed on the Union Calendar, Calendar No. 450. - Feb 25, 2026 · House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525. - Dec 17, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24. - Dec 17, 2025
Committee Consideration and Mark-up Session Held - Dec 16, 2025
Committee Consideration and Mark-up Session Held - Jun 25, 2025 · House
Referred to the House Committee on Financial Services. - Jun 25, 2025
Introduced in House