119 HR 4449 IH: Advocating for Small Business Act U.S. House of Representatives 2025-07-16 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 119th CONGRESS 1st Session H. R. 4449 IN THE HOUSE OF REPRESENTATIVES July 16, 2025 Mr. Vicente Gonzalez of Texas (for himself and Mr. Garbarino) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Securities Exchange Act of 1934 to establish Offices of Small Business within rule writing divisions of the Securities and Exchange Commission to coordinate on rules and policy priorities related to capital formation.

1.

Short title

This Act may be cited as the Advocating for Small Business Act.

2.

Making the SEC even more small business friendly

Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended by adding at the end the following: (l)

Offices of Small Business

The Commission shall establish, within each division of the Commission that performs rule writing activities, an Office of Small Business, which shall coordinate with the Office of the Advocate for Small Business Capital Formation on rules and policy priorities related to capital formation. .