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119th Congress Finance and Financial Sector

H.R. 4171: SEED Act of 2025

ReportedMar 25, 2026

  1. Introduced (completed)Jun 26, 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, Mar 25, 2026

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.

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.

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 26, 2025Introduced in the House by Andrew Garbarino.
Show the full action history (6 actions)
  1. Mar 25, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-572.
  2. Mar 25, 2026Placed on the Union Calendar, Calendar No. 492.
  3. Mar 4, 2026Committee Consideration and Mark-up Session Held
  4. Mar 4, 2026Ordered to be Reported by the Yeas and Nays: 26 - 17.
  5. Jun 26, 2025Introduced in House
  6. Jun 26, 2025Referred to the House Committee on Financial Services.