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    <introducedDate>2025-06-26</introducedDate>
    <congress>119</congress>
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    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 171, Number 110 (Thursday, June 26, 2025)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. GARBARINO:H.R. 4171.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H3012]</pre>]]></constitutionalAuthorityStatementText>
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        <text>Placed on the Union Calendar, Calendar No. 492.</text>
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        <text>Ordered to be Reported by the Yeas and Nays: 26 - 17.</text>
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        <fullName>Rep. Garbarino, Andrew R. [R-NY-2]</fullName>
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        <state>NY</state>
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    <title>SEED Act of 2025</title>
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        <title>To amend the Securities Act of 1933 to provide small issuers with a micro-offering exemption free of mandated disclosures or offering filings, but subject to the antifraud provisions of the Federal securities laws, and for other purposes.</title>
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      <text>Placed on the Union Calendar, Calendar No. 492.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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