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CIVIC HERALD
HR 4171 · 119th Congress · HouseOther

SEED Act of 2025

In plain language: 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.

Provisional: our plain-language summary, pending review.

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Timeline

How it moved.

  1. Mar 25, 2026Placed on the Union Calendar, Calendar No. 492.
  2. Mar 25, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572.
  3. Mar 25, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572.
  4. Mar 4, 2026Ordered to be Reported by the Yeas and Nays: 26 - 17.
  5. Jun 26, 2025Introduced in House
  6. Jun 26, 2025Introduced in House

Sources & provenance

Congress.govrefreshed 23 days ago

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