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119th Congress Finance and Financial Sector

H.R. 4130: Small Business Relief Act

ReportedFeb 25, 2026

  1. Introduced (completed)Jun 25, 2025
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Reported to House, Feb 25, 2026

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Who scored on this bill

32 points earned
  1. 1Andrew Garbarino R-NY SponsorIntroduced, marked up, reported3 events+32
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Andrew Garbarino

History

  1. Jun 25, 2025Introduced in the House by Andrew Garbarino.
Show the full action history (7 actions)
  1. Feb 25, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
  2. Feb 25, 2026Placed on the Union Calendar, Calendar No. 450.
  3. Dec 17, 2025Committee Consideration and Mark-up Session Held
  4. Dec 17, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
  5. Dec 16, 2025Committee Consideration and Mark-up Session Held
  6. Jun 25, 2025Introduced in House
  7. Jun 25, 2025Referred to the House Committee on Financial Services.