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CIVIC HERALD
HR 4130 · 119th Congress · HouseOther

Small Business Relief Act

In plain language: 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.

Provisional: our plain-language summary, pending review.

Provisionalunreviewed: summary
People affected—not yet estimated
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Timeline

How it moved.

  1. Feb 25, 2026Placed on the Union Calendar, Calendar No. 450.
  2. Feb 25, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
  3. Feb 25, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
  4. Dec 17, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
  5. Jun 25, 2025Introduced in House
  6. Jun 25, 2025Introduced in House

Sources & provenance

Congress.govrefreshed 25 days ago

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