119th Congress
H.R. 4171
SEED Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Andrew R. Garbarino(R-NY)
- Introduced
- Jun 26, 2025
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on Financial Services
- Official text
- Reported in House · Congress.gov page
Cosponsors (0)
No cosponsors.
Summary
Summary by the Congressional Research Service· describes the “Reported to House” version
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.
Roll-call votes
No recorded votes on this bill.
Actions
- Mar 25, 2026 · House
Placed on the Union Calendar, Calendar No. 492. - Mar 25, 2026 · House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572. - Mar 4, 2026
Ordered to be Reported by the Yeas and Nays: 26 - 17. - Mar 4, 2026
Committee Consideration and Mark-up Session Held - Jun 26, 2025 · House
Referred to the House Committee on Financial Services. - Jun 26, 2025
Introduced in House