Docket HopperPart I · Bills · 119th H.R. 4130
H.R. 4130 · 119th CongressFinance and Financial Sector

Small Business Relief Act was reported by committee and awaits a floor vote

Sponsored by Garbarino, Andrew R. R-NY · 1 cosponsor: 0 Democrats, 1 Republican
IntroducedJun 25, 2025
ReportedDec 17, 2025
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary

Written by the Congressional Research Service [2]. 80 words.

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.

Context
Committees
House Financial Services Committee
Policy area
Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
Sponsor
0 of 79 bills enacted since 2013
Text versions
2, from introduced in house to reported in house · 84 words
Subjects
Business investment and capitalBusiness recordsLicensing and registrationsSecuritiesSmall business
Latest action
Feb 25, 2026: Placed on the Union Calendar, Calendar No. 450.
Records
Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 0

The bill status record lists no related bills.

Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]