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H.R. 4171: SEED Act of 2025
119th Congress · introduced 2025-06-26 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 492.
federal
Official title
SEED Act of 2025
Plain summary
Small Entrepreneurs' Empowerment and Development Act of 2025 or the SEED Act of 2025 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.
Congressional Research Service summary (Reported to House), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
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What does this mean? (plain words)
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The strongest published arguments
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Alternatives
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Officials and money
Sponsor: Rep. Garbarino, Andrew R. [R-NY-2] · 0 cosponsors
Money: CBO cost estimate: H.R. 4171, SEED Act of 2025 (2026-07-16) No linked contracts or vendors yet.
Words on this page, explained (3)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
- Exemption
- A rule that removes certain people, property or activities from a tax or requirement.
- Securities
- Financial investments that can be bought and sold, such as stocks and bonds.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Reported to House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr4171.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>
Record fed-us-cong119-hr4171 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills