H.R. 3959
119th Congress
Protecting Private Job Creators Act
7
Cosponsors
9
Actions
0
Amendments
1
Committees
—
Since introduced
Placed on the Union Calendar, Calendar No. 448.
25 February 2026·4 months ago
Summary
Reported to House · Updated 8 April 2026
Protecting Private Job Creators Act
This bill provides statutory authority for an exemption from specified disclosure requirements applicable to fixed-income securities (e.g., corporate bonds or a certificate of deposit).
Under current securities regulations, brokers and dealers are generally prohibited from publishing securities quotations (i.e., the sale price) in over-the-counter (i.e., not on a national exchange) markets unless they have certain information about the securities issuer in their records. The Securities and Exchange Commission issued a series of orders (with the latest order issued in November 2024) granting an exemption to this rule to fixed-income securities that comply with specified safe-harbor rules. The bill provides statutory authority for this exemption.
Timeline
9 actions
Placed on the Union Calendar, Calendar No. 448.
25 February 2026 · Calendars
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
25 February 2026 · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
25 February 2026 · Committee
Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 11.
17 December 2025 · Committee
Committee Consideration and Mark-up Session Held
17 December 2025 · Committee
Committee Consideration and Mark-up Session Held
16 December 2025 · Committee
Referred to the House Committee on Financial Services.
12 June 2025 · IntroReferral
Introduced in House
12 June 2025 · IntroReferral
Introduced in House
12 June 2025 · IntroReferral
Sponsorship
7 cosponsors
Sponsor
Republican:Rep. Downing, Troy [R-MT-2]MTCosponsors
- Democrat343%
- Republican457%
- Republican:Rep. Lawler, Michael [R-NY-17]NY
- Republican:Rep. Moore, Tim [R-NC-14]NC
- Republican:Rep. Sessions, Pete [R-TX-17]TX
- Republican:Rep. Wagner, Ann [R-MO-2]MO
- Democrat:Rep. Scott, David [D-GA-13]GA
- Democrat:Rep. Gottheimer, Josh [D-NJ-5]NJ
- Democrat:Rep. Fields, Cleo [D-LA-6]LA
Classification
Policy area
Finance and Financial SectorLegislative subjects
Committees
1
Financial Services Committee
House · Standing
- Referred To12 Jun 2025
- Markup By16 Dec 2025
- Markup By17 Dec 2025
- Reported By25 Feb 2026
Reports
Cosponsor momentum
Cumulative over time
Cosponsors grew from 1 on 12 June 2025 to 7 on 9 January 2026.
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