119th Congress Finance and Financial Sector
H.R. 3339: Equal Opportunity for All Investors Act of 2025
Passed House
- Introduced (completed)
- Passed House (completed)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. (Certain unregistered securities may only be offered to accredited investors.)
Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission. The examination must
- be designed with an appropriate difficulty level such that an individual with financial sophistication or training would be unlikely to fail,
- include methods to determine competency and knowledge in certain areas such as the disclosure requirements of different securities, and
- be administered by a registered national securities association and offered free of charge to the public.
Read the full summary
Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Cleo Fields D-LAOriginal
- Michael Lawler R-NYOriginal
- Sarah McBride D-DEOriginal
- Shri Thanedar D-MIOriginal
Who scored on this bill
- 1Mike Flood SponsorDrew cross-party cosponsors, introduced, marked up, reported, passed House5 events+68
- 2Cleo FieldsCosponsored; cosponsored bill passed2 events+4
- 2Michael LawlerCosponsored; cosponsored bill passed2 events+4
- 2Sarah McBrideCosponsored; cosponsored bill passed2 events+4
- 2Shri ThanedarCosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Mike Flood
- H.R. 7128: TRIA Program Reauthorization Act of 2026
- H.R. 8671: Bank Fraud Technology Advancement Act of 2026
- H.R. 6547: Least Cost Exception Act
- H.J.Res. 109: Disapproval of Securities and Exchange Commission rule: Staff Accounting Bulletin No. 121
- H.R. 2797: Equal Opportunity for All Investors Act of 2023
History
- Passed the House by voice vote.
- Introduced in the House by Mike Flood.
Show the full action history (13 actions)
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
- Considered under suspension of the rules. (consideration: CR H3506-3508)
- DEBATE - The House proceeded with forty minutes of debate on H.R. 3339.
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3506)
- On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3506)
- Motion to reconsider laid on the table Agreed to without objection.
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-127.
- Placed on the Union Calendar, Calendar No. 97.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2.
- Introduced in House
- Referred to the House Committee on Financial Services.