Skip to main content

Agora
Sign in

House bill · H.R. 4130 (119th Congress)

Small Business Relief Act

U.S. House of Representatives

Latest action Feb 25, 2026

Sponsor: Andrew R. Garbarino (U.S. Representative, NY-2, Republican)

Follow

Following needs an Agora account. You will sign in first, then come back to this page.

From Congress.gov and official rosters. This record was last updated Aug 3, 2026. About our data

Summary

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.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Out of committee and scheduled for a vote by the full chamber.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Financial Services · U.S. House of Representatives

Your position on this bill

Choose the position closest to yours. You'll sign in or create an account to save it.

Sign in or create an account to give your position

Cosponsors

1

Cosponsors listed on Congress.gov, shown A to Z.

  • Republican1

Shown in neutral colors by design; Agora is non-partisan.

Full history

  1. Feb 25, 2026

    Placed on the Union Calendar, Calendar No. 450.

  2. Feb 25, 2026

    Placed on the Union Calendar, Calendar No. 450.

  3. Feb 25, 2026

    Introduced

    Placed on the Union Calendar, Calendar No. 450.

    U.S. House

  4. Feb 25, 2026

    Placed on the Union Calendar, Calendar No. 450.

  5. Feb 25, 2026

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.

Show full history (14 earlier events)
  1. Feb 25, 2026

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.

  2. Feb 25, 2026

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-525.

  3. Dec 17, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  4. Dec 17, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  5. Dec 17, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  6. Dec 17, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.

  7. Dec 17, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.

  8. Dec 17, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.

  9. Dec 16, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  10. Dec 16, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  11. Dec 16, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  12. Jun 25, 2025

    Introduced

    Introduced in House

    U.S. House of Representatives

  13. Jun 25, 2025

    Introduced

    Introduced in U.S. House

    U.S. House

  14. Jun 25, 2025

    Referred to committee

    Referred to the House Committee on Financial Services.

    U.S. House of Representatives

Read the record