House bill · 119th Congress · Latest step: Passed House

Fair Investment Opportunities for Professional Experts Act

H.R. 3394Introduced May 14, 2025Policy area: Finance and Financial Sector

Official title: To amend the Securities Act of 1933 to codify certain qualifications of individuals as accredited investors for purposes of the securities laws.

Sponsor: Rep. J. Hill R-AR

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Where it went

IntroducedMay 14, 2025
Committee actionMay 20, 2025
Passed HouseJun 23, 2025 · 397–12
Passed Senate—
To the President—
Became law—

Latest action: Jun 24, 2025 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Cost and committee reports

Official records Congress.gov attaches to H.R. 3394.

Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-115 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on June 3, 2025.
Source: Congress.gov, reported June 3, 2025 ↗
Evidence
Field in the Congress.gov record
committeeReports
Report API records
https://api.congress.gov/v3/committee-report/119/HRPT/115
Congress.gov bill record
H.R. 3394, 119th Congress
Congress.gov API record
https://api.congress.gov/v3/bill/119/hr/3394
Record last updated by Congress.gov
July 11, 2026
PORKER copy retrieved
September 13, 2026
Stored copy, SHA-256 of the file
cb7deb6dfc92d504d7c01bf4f88a39478c1c7db519e2b90cda4fce5c9b71c5cd
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. HILL of Arkansas, as printed in the Congressional Record (Vol. 171, No. 81, May 14, 2025, Page H2052):
Article I, Section 8 of the United States Constitution.
Source: Congress.gov, Congressional Record May 14, 2025 ↗
Evidence
Field in the Congress.gov record
constitutionalAuthorityStatementText
Statement length
55 characters
Congress.gov bill record
H.R. 3394, 119th Congress
Congress.gov API record
https://api.congress.gov/v3/bill/119/hr/3394
Record last updated by Congress.gov
July 11, 2026
PORKER copy retrieved
September 13, 2026
Stored copy, SHA-256 of the file
cb7deb6dfc92d504d7c01bf4f88a39478c1c7db519e2b90cda4fce5c9b71c5cd
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate (as of July 11, 2026). Not every bill gets one.

Sent to: Financial Services Committee, Banking, Housing, and Urban Affairs CommitteeBills with a CBO estimate Bills with a committee report See it in the Data Web

From the Congress.gov bill record for H.R. 3394, last updated July 11, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.

Vote results

1 recorded roll-call vote on H.R. 3394. The vote that moved the bill is first.

1HOUSE · JUN 23, 2025

Passed the House

397–12PASSED

R 211–0 D 186–12

On Motion to Suspend the Rules and Pass, as Amended · roll 173 · 23 not voting

Yea–nay by party (R = Republicans, D = Democrats, I = independents). Counts for present and not-voting members are shown where there were any. Showing all 1 of 1 recorded votes. Sorted by date; within a chamber by roll-call number.

Cosponsors

3 cosponsors — 2 Republicans, 1 Democrat

1 of 3 cosponsors (33%) are from the other party.

Warren Davidson (R-OH), Pete Sessions (R-TX), Juan Vargas (D-CA).

More from the sponsor

Other 119th Congress bills sponsored by Rep. J. Hill.

Sponsor’s state and district

Arkansas in Congress · AR-2 district

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Data as of Sep 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.