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Financial Services Committee
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H.R. 4130In committee
Small Business Relief Act
Introduced: Jun 25, 2025
Latest action date: Feb 25, 2026
Latest development
Placed on the Union Calendar, Calendar No. 450.
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- Congress
- 119th Congress
- Introduced
- Jun 25, 2025
- Recorded roll calls
- 0
Status detail: The most advanced recorded stage is committee consideration.
Plain-language overview
What this bill does
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.
Official summary from Congress.gov.
Civixly topics
What this legislation is about
Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.
Official CRS policy area
Finance and Financial Sector
View 5 official legislative subjects
Business investment and capitalBusiness recordsLicensing and registrationsSecuritiesSmall business
Committee activity
Committees and subcommittees that received, reviewed, marked up, or reported this legislation.
Official committee record ↗
Amendments
Proposed changes to this measure, with their latest official outcome or action from Congress.gov.
No amendments are listed for this measure.
Checked against Congress.gov Oct 10, 2026.
Action timeline
Newest action first. Action language comes from the official Congress.gov record.
View full action timeline9 actions
Placed on the Union Calendar, Calendar No. 450.
CalendarsHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
CommitteeHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
CommitteeLibrary of CongressOrdered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
CommitteeHouse committee actionsCommittee Consideration and Mark-up Session Held
CommitteeHouse committee actionsCommittee Consideration and Mark-up Session Held
CommitteeHouse committee actionsIntroduced in House
IntroReferralLibrary of CongressIntroduced in House
IntroReferralLibrary of CongressReferred to the House Committee on Financial Services.
IntroReferralHouse floor actions
Roll-call votes
Recorded House and Senate votes connected to this bill. Your representatives appear first when available.
No connected roll-call votes are currently available for this bill.
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