3.0.0
3382
2026-01-22T22:06:13Z
2026-01-22T22:06:13Z
House
H
HR
2025-05-14
119
https://www.congress.gov/bill/119th-congress/house-bill/3382
[Congressional Record Volume 171, Number 81 (Wednesday, May 14, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. WAGNER:H.R. 3382.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the U.S. Constitution[Page H2052]
- ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Standing
  - Referred To
2025-07-22T16:24:41Z
- hsba00
Financial Services Committee
House
Standing
  - Reported By
2025-06-03T16:56:46Z
  - Markup By
2025-05-20T20:36:00Z
  - Referred To
2025-05-14T14:03:15Z
H. Rept. 119-125

- Small Entity Update Act
119
2924
S
2025-09-29
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  - Related bill
CRS
- 2025-07-22
  - ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferral
- 2025-07-21
16:56:07
Motion to reconsider laid on the table Agreed to without objection.
Floor
H38310
2
House floor actions
- 2025-07-21
16:56:04
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3500)
Floor
H37300
2
House floor actions
- 2025-07-21
16:56:04
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3500)
Floor
8000
9
Library of Congress
- 2025-07-21
16:48:11
DEBATE - The House proceeded with forty minutes of debate on H.R. 3382.
Floor
H8D000
2
House floor actions
- 2025-07-21
16:48:09
Considered under suspension of the rules. (consideration: CR H3500-3501)
Floor
H30000
2
House floor actions
- 2025-07-21
16:47:56
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Floor
H30300
2
House floor actions
- 2025-06-03
Placed on the Union Calendar, Calendar No. 95.
Calendars
H12410
2
House floor actions
U00095
- 2025-06-03
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-125.
Committee
H12200
2
House floor actions
  - hsba00
Financial Services Committee
- 2025-06-03
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-125.
Committee
5000
9
Library of Congress
  - hsba00
Financial Services Committee
- 2025-05-20
  - hsba00
Financial Services Committee
1
House committee actions
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
Committee
- 2025-05-20
  - hsba00
Financial Services Committee
1
House committee actions
Committee Consideration and Mark-up Session Held
Committee
- 2025-05-14
Referred to the House Committee on Financial Services.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2025-05-14
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2025-05-14
Introduced in House
IntroReferral
1000
9
Library of Congress
- W000812
Rep. Wagner, Ann [R-MO-2]
Ann
Wagner
R
MO
2
N
- T000486
Rep. Torres, Ritchie [D-NY-15]
Ritchie
Torres
D
NY
15
2025-05-14
True
- C001117
Rep. Casten, Sean [D-IL-6]
Sean
Casten
D
IL
6
2025-05-14
True
- S001157
Rep. Scott, David [D-GA-13]
David
Scott
D
GA
13
2025-05-14
True
- S000250
Rep. Sessions, Pete [R-TX-17]
Pete
Sessions
R
TX
17
2025-05-14
True
- H001047
Rep. Himes, James A. [D-CT-4]
James
Himes
D
CT
A.
4
2025-05-15
False
- V000138
Rep. Vindman, Eugene Simon [D-VA-7]
Eugene
Vindman
D
VA
Simon
7
2025-05-21
False
- L000599
Rep. Lawler, Michael [R-NY-17]
Michael
Lawler
R
NY
17
2025-06-03
False
- 2025-07-16T18:42:00Z

H.R. 3382, Small Entity Update Act
https://www.cbo.gov/publication/61564
As reported by the House Committee on Financial Services on June 3, 2025
Finance and Financial Sector
- Administrative law and regulatory procedures
2025-05-28T15:44:06Z
- Congressional oversight
2025-05-28T15:44:06Z
- Government studies and investigations
2025-05-28T15:44:06Z
- Securities and Exchange Commission (SEC)
2025-05-28T15:44:06Z
- Small business
2025-05-28T15:44:06Z
Finance and Financial Sector
2025-05-22T17:56:14Z
00
2025-05-14
Introduced in House
2025-07-18T19:47:42Z
Small Entity Update Act
This bill requires the Securities and Exchange Commission (SEC) to study approaches to reduce the impact of SEC rules on small businesses and other small entities, make appropriate recommendations, and revise applicable rules.
Specifically, the bill requires the SEC to evaluate the current definition of small entity with respect to SEC rules.
Under the bill, the SEC must provide specific and detailed recommendations to Congress on how the SEC can revise the definition of small entity to (1) align with specified statutory goals, including reducing unnecessary burdens on small entities; and (2) expand the number of entities covered. In addition, the SEC must adjust for inflation every five years any dollar amounts used to define small entities.
The SEC must also revise the applicable rules to implement these recommendations.

Small Entity Update Act
- Short Titles from RFS (Referred to Senate) bill text
255

Small Entity Update Act
2025-07-24T01:53:22Z
S
Senate
Referred in Senate
RFS
- Display Title
45

Small Entity Update Act
2025-07-23T14:12:19Z
- Short Title(s) as Passed House
104

Small Entity Update Act
2025-07-23T02:08:20Z
H
House
Engrossed in House
EH
- Short Title(s) as Reported to House
102

Small Entity Update Act
2025-06-04T06:08:17Z
H
House
Reported in House
RH
- Short Title(s) as Introduced
101

Small Entity Update Act
2025-05-15T08:53:18Z
Introduced in House
IH
- Official Title as Introduced
6

To require the Securities and Exchange Commission to carry out a study and rulemaking on the definition of the term "small entity" under the securities laws for purposes of chapter 6 of title 5, United States Code, and for other purposes.
2025-05-15T08:44:41Z
Introduced in House
IH
- Referred in Senate
2025-07-22T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr3382rfs/xml/BILLS-119hr3382rfs.xml
- Engrossed in House
2025-07-21T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr3382eh/xml/BILLS-119hr3382eh.xml
- Reported in House
2025-06-03T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr3382rh/xml/BILLS-119hr3382rh.xml
- Introduced in House
2025-05-14T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr3382ih/xml/BILLS-119hr3382ih.xml
2025-07-22
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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.
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.