House bill · 119th Congress · Latest step: Committee action
SEED Act of 2025
Official title: To amend the Securities Act of 1933 to provide small issuers with a micro-offering exemption free of mandated disclosures or offering filings, but subject to the antifraud provisions of the Federal securities laws, and for other purposes.
Open in Bill Explorer →Where it went
- IntroducedJun 26, 2025
- Committee actionMar 4, 2026
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Mar 25, 2026 — Placed on the Union Calendar, Calendar No. 492.
Cost and committee reports
Official records Congress.gov attaches to H.R. 4171.
- CBO cost estimateThe Congressional Budget Office published “H.R. 4171, SEED Act of 2025” on July 16, 2026. CBO’s description reads “As reported by the House Committee on Financial Services on March 25, 2026”.Read the CBO estimate ↗Source: Congressional Budget Office, July 16, 2026 ↗
Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/62580
- CBO publication date
- July 16, 2026
- Congress.gov bill record
- H.R. 4171, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/4171
- Record last updated by Congress.gov
- July 16, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
4e12e89107a16800bafbfadc7fc816d64d7741947e9086d14fa1efaced8e8605
PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-572 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on March 25, 2026.Source: Congress.gov, reported March 25, 2026 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/572
- Congress.gov bill record
- H.R. 4171, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/4171
- Record last updated by Congress.gov
- July 16, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
4e12e89107a16800bafbfadc7fc816d64d7741947e9086d14fa1efaced8e8605
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. GARBARINO, as printed in the Congressional Record (Vol. 171, No. 110, June 26, 2025, Page H3012):Article 1, Section 8Source: Congress.gov, Congressional Record June 26, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 20 characters
- Congress.gov bill record
- H.R. 4171, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/4171
- Record last updated by Congress.gov
- July 16, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
4e12e89107a16800bafbfadc7fc816d64d7741947e9086d14fa1efaced8e8605
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
From the Congress.gov bill record for H.R. 4171, last updated July 16, 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
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
No cosponsors.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Andrew Garbarino.
- H.R. 2096 (119th) Protecting Our Nation’s Capital Emergency Act
- H.R. 9391 (119th) Reimbursable Screening Services Program Extension Act of 2026
- H.R. 5061 (119th) Counter-UAS Authority Security, Safety, and Reauthorization Act
- H.R. 5577 (119th) NFIP Extension Act of 2026
- H.R. 4130 (119th) Small Business Relief Act
- H.R. 5079 (119th) Widespread Information Management for the Welfare of Infrastructure and Government Act
Sponsor’s state and district
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.