SimpleFunctions
LEGISLATION/H.R. 4171

SEED Act of 2025

119-HR-4171119th CongressIntroduced Jun 26, 2025Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Placed on the Union Calendar, Calendar No. 492.

Sponsor

Rep. Garbarino, Andrew R. [R-NY-2](R-NY-2)

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.

Subjects

Administrative law and regulatory proceduresFraud offenses and financial crimesSecuritiesSecurities and Exchange Commission (SEC)Small business

Actions (8)

Placed on the Union Calendar, Calendar No. 492.
Mar 25, 2026House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572.
Mar 25, 2026House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572.
Mar 25, 2026Library of Congress
Ordered to be Reported by the Yeas and Nays: 26 - 17.
Mar 4, 2026House committee actions
Committee Consideration and Mark-up Session Held
Mar 4, 2026House committee actions
Referred to the House Committee on Financial Services.
Jun 26, 2025House floor actions
Introduced in House
Jun 26, 2025Library of Congress
Introduced in House
Jun 26, 2025Library of Congress