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HR 4130 119th Congress House Finance and Financial Sector Business investment and capital Business records Licensing and registrations Securities Small business

Small Business Relief Act

Introduced: June 25, 2025 Introduced by: Garbarino, Andrew R. Republican · New York See on congress.gov
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 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 25, 2026
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.
Feb 25, 2026
Placed on the Union Calendar, Calendar No. 450.
Dec 17, 2025
Committee Consideration and Mark-up Session Held
Dec 17, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
Dec 16, 2025
Committee Consideration and Mark-up Session Held
Jun 25, 2025
Referred to the House Committee on Financial Services.
Jun 25, 2025
Introduced in House
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 Plain-English summary Congressional Research Service

Small Business Relief Act

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.

What's happening now February 25, 2026

Placed on the Union Calendar, Calendar No. 450.

 Hearings & markups 1
  • Various Measures
    Markup Dec 16, 2025 · 10:00 AM EST · Financial Services Committee
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 1

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

 Cosponsors 1
All 1 Republican 1
R
Sessions, Pete
Texas · Dec 16, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4130: Small Business Relief Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-4130/
MLA
"H.R. 4130: Small Business Relief Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-4130/.
Bluebook (legal)
H.R. 4130, 119th Cong. (2026), https://openamerica.io/bill/119-HR-4130/.
Markdown link
[H.R. 4130: Small Business Relief Act](https://openamerica.io/bill/119-HR-4130/)
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