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H.R. 3959 119th Congress House

Protecting Private Job Creators Act

Official title: To except quotations of fixed-income securities from certain regulatory requirements, and for other purposes.

Introduced: June 12, 2025 Introduced by: Troy Downing Republican · Montana See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalFinancial services and investmentsSecurities
 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
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What's happening now February 25, 2026

Placed on the Union Calendar, Calendar No. 448.

 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.

 Hearings & markups 2
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 28

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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APA
U.S. Congress. (2026). H.R. 3959: Protecting Private Job Creators Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3959/
MLA
"H.R. 3959: Protecting Private Job Creators Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3959/.
Bluebook (legal)
H.R. 3959, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3959/.
Markdown link
[H.R. 3959: Protecting Private Job Creators Act](https://openamerica.io/bill/119-HR-3959/)
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