HR 3959 119th Congress House Finance and Financial Sector Bank accounts, deposits, capital Financial services and investments Securities

Protecting Private Job Creators Act

Introduced: June 12, 2025 Introduced by: Downing, Troy Republican · Montana See on congress.gov

Everywhere this bill has been 7 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Feb 25, 2026

Placed on the Union Calendar, Calendar No. 448.

Feb 25, 2026

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.

Dec 17, 2025

Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 11.

Dec 17, 2025

Committee Consideration and Mark-up Session Held

Dec 16, 2025

Committee Consideration and Mark-up Session Held

Jun 12, 2025

Referred to the House Committee on Financial Services.

Jun 12, 2025

Introduced in House

Plain-English summary Congressional Research Service

Protecting Private Job Creators Act

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.

What's happening now February 25, 2026

Placed on the Union Calendar, Calendar No. 448.

Committees of jurisdiction 1