HR 4130 · introduced · significant
Small Business Relief Act
- economy
What this bill does
- This bill exempts certain institutional investors from SEC registration thresholds for securities issuers.
- Small businesses and securities issuers are affected by reduced compliance requirements.
- The change takes effect immediately upon enactment with no specified cost.
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Community Threads
Started by Cosponsor
- 01
How would reducing SEC registration requirements for small business securities issuers affect investor protection compared to current disclosure standards?
- 02
Which types of institutional investors would benefit most from this exemption, and could this create unequal access to investment opportunities?
- 03
What evidence suggests that current SEC registration thresholds impose compliance costs that outweigh the benefits of investor safeguards for small issuers?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-NY-2
Andrew R. Garbarino
Citizen cosponsors
0
In Congress
1/ 435
House Reps cosponsoring
Introduced 2026-02-25
Joining the bill
Legislative timeline
2026-02-25 · house · Calendars
Placed on the Union Calendar, Calendar No. 450.
2026-02-25 · house · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
2026-02-25 · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
2025-12-17 · house · Committee
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
2025-12-17 · house · Committee
Committee Consideration and Mark-up Session Held
2025-12-16 · house · Committee
Committee Consideration and Mark-up Session Held
2025-06-25 · house · IntroReferral
Referred to the House Committee on Financial Services.
2025-06-25 · IntroReferral
Introduced in House
2025-06-25 · IntroReferral
Introduced in House
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