119th Congress Finance and Financial Sector
H.R. 3959: Protecting Private Job Creators Act
Reported
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
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
- Josh Gottheimer D-NJ
- David Scott D-GA
- Ann Wagner R-MO
- Pete Sessions R-TX
- Tim Moore R-NC
- Michael Lawler R-NY
Who scored on this bill
- 1Troy Downing SponsorDrew cross-party cosponsors, introduced, marked up, reported4 events+38
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Troy Downing
- H.R. 1190: Expanding Access to Capital for Rural Job Creators Act
- H.R. 7250: To reauthorize the Fort Peck Reservation Rural Water System Act of 2000.
- H.R. 726: Crow Tribe Water Rights Settlement Amendments Act of 2025
- H.R. 725: Crow Revenue Act
- H.J.Res. 104: Disapproval of Bureau of Land Management rule: Miles City Field Office Record of Decision and Approved Resource Management Plan Amendment
- H.R. 4495: SBA Fraud Enforcement Extension Act
History
- Introduced in the House by Troy Downing.
Show the full action history (7 actions)
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
- Placed on the Union Calendar, Calendar No. 448.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 11.
- Committee Consideration and Mark-up Session Held
- Introduced in House
- Referred to the House Committee on Financial Services.