Small Business Relief Act
The summary
What this bill does
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.
Legislative timeline
From introduction
Jun 25, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - NY District 2 · R-NY
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | HR |
| Bill Number | 4130 |
| Origin Chamber | House |
| Current Status | Placed on the Union Calendar, Calendar No. 450. |
| Policy Area | Finance and Financial Sector |
| Primary Committee | Not assigned |
| Introduced | June 25, 2025 |
| Latest Action | February 25, 2026 |
| Cosponsors | 1 · House vote — · 1 views |