Small Business Relief Act
119-HR-4130119th CongressIntroduced Jun 25, 2025Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Placed on the Union Calendar, Calendar No. 450.
Sponsor
Rep. Garbarino, Andrew R. [R-NY-2](R-NY-2)1 cosponsor
Summary
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.
Subjects
Business investment and capitalBusiness recordsLicensing and registrationsSecuritiesSmall business
Actions (9)
Placed on the Union Calendar, Calendar No. 450.
Feb 25, 2026House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
Feb 25, 2026House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
Feb 25, 2026Library of Congress
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
Dec 17, 2025House committee actions
Committee Consideration and Mark-up Session Held
Dec 17, 2025House committee actions
Committee Consideration and Mark-up Session Held
Dec 16, 2025House committee actions
Referred to the House Committee on Financial Services.
Jun 25, 2025House floor actions
Introduced in House
Jun 25, 2025Library of Congress
Introduced in House
Jun 25, 2025Library of Congress