3.0.0 4130 2026-04-08T20:34:53Z 2026-04-08T20:34:53Z House H HR 2025-06-25 119 https://www.congress.gov/bill/119th-congress/house-bill/4130 [Congressional Record Volume 171, Number 109 (Wednesday, June 25, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GARBARINO:H.R. 4130.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H2970]]]> hsba00 Financial Services Committee House Standing Reported By 2026-02-25T18:47:35Z Markup By 2025-12-17T20:19:43Z Markup By 2025-12-16T20:19:35Z Referred To 2025-06-25T14:02:00Z H. Rept. 119-525 2026-02-25 Placed on the Union Calendar, Calendar No. 450. Calendars H12410 2 House floor actions U00450 2026-02-25 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2026-02-25 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2025-12-17 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24. Committee 2025-12-17 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2025-12-16 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2025-06-25 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2025-06-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2025-06-25 Introduced in House IntroReferral 1000 9 Library of Congress G000597 Rep. Garbarino, Andrew R. [R-NY-2] Andrew Garbarino R NY R. 2 N S000250 Rep. Sessions, Pete [R-TX-17] Pete Sessions R TX 17 2025-12-16 False 2026-03-16T17:27:00Z H.R. 4130, Small Business Relief Act https://www.cbo.gov/publication/62226 As reported by the House Committee on Financial Services on February 25, 2026 Finance and Financial Sector Business investment and capital 2026-01-06T17:40:17Z Business records 2026-01-06T17:45:04Z Licensing and registrations 2026-01-06T17:36:27Z Securities 2026-01-06T17:36:45Z Small business 2026-01-06T17:35:48Z Finance and Financial Sector 2025-07-16T13:35:49Z 07 2026-02-25 Reported to House 2026-04-08T20:31:43Z 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.

]]> Small Business Relief Act Short Title(s) as Reported to House 102 Small Business Relief Act 2026-02-26T07:53:29Z H House Reported in House RH Display Title 45 Small Business Relief Act 2025-07-08T07:23:24Z Short Title(s) as Introduced 101 Small Business Relief Act 2025-07-08T07:23:20Z Introduced in House IH Official Title as Introduced 6 To amend the Securities Exchange Act of 1934 to exclude qualified institutional buyers and institutional accredited investors when calculating holders of a security for purposes of the mandatory registration threshold under such Act, and for other purposes. 2025-07-08T07:18:48Z Introduced in House IH Reported in House 2026-02-25T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr4130rh/xml/BILLS-119hr4130rh.xml Introduced in House 2025-06-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr4130ih/xml/BILLS-119hr4130ih.xml 2026-02-25 Placed on the Union Calendar, Calendar No. 450. 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.