H.R. 4171
119th Congress
SEED Act of 2025
0
Cosponsors
8
Actions
0
Amendments
1
Committees
—
Since introduced
Placed on the Union Calendar, Calendar No. 492.
25 mars 2026·4 months ago
Summary
Reported to House · Updated 9 juillet 2026
Small Entrepreneurs' Empowerment and Development Act of 2025 or the SEED Act of 2025
This bill creates an exemption to securities registration requirements for a micro-offering of securities. In general, the Securities and Exchange Commission (SEC) prohibits the offering or selling of securities unless the offering is registered with the SEC or the offering qualifies for an exemption from registration requirements.
The bill defines a micro-offering as an aggregate amount of securities offered or sold by an issuer that does not exceed $500,000 in a 12-month period. This exemption does not apply to issuers who are convicted of specified financial crimes or are subject to specified professional disciplinary actions.
Timeline
8 actions
Placed on the Union Calendar, Calendar No. 492.
25 mars 2026 · Calendars
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572.
25 mars 2026 · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572.
25 mars 2026 · Committee
Committee Consideration and Mark-up Session Held
4 mars 2026 · Committee
Ordered to be Reported by the Yeas and Nays: 26 - 17.
4 mars 2026 · Committee
Referred to the House Committee on Financial Services.
26 juin 2025 · IntroReferral
Introduced in House
26 juin 2025 · IntroReferral
Introduced in House
26 juin 2025 · IntroReferral
Sponsorship
0 cosponsors
Sponsor
Republican:Rep. Garbarino, Andrew R. [R-NY-2]NYClassification
Policy area
Finance and Financial SectorLegislative subjects
Committees
1
Financial Services Committee
House · Standing
- Referred To26 Jun 2025
- Markup By4 Mar 2026
- Reported By25 Mar 2026
Reports
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