House bill · 119th Congress · Latest step: Committee action
Restoring the Secondary Trading Market Act
Official title: To amend the Securities Act of 1933 to exempt off-exchange secondary trading from State regulation where such trading is with respect to securities of an issuer that makes publicly available certain current information, and for other purposes.
Open in Bill Explorer →Where it went
- IntroducedJan 16, 2026
- 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. 493.
Cost and committee reports
Official records Congress.gov attaches to H.R. 7127.
- CBO cost estimateThe Congressional Budget Office published “H.R. 7127, Restoring the Secondary Trading Market Act” 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/62581
- CBO publication date
- July 16, 2026
- Congress.gov bill record
- H.R. 7127, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/7127
- Record last updated by Congress.gov
- July 16, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
0ca866912fbe951ef52c3321ca0dddd2ade9619bf1d67af855741c0e596e57fe
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. 119-573 ↗. 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/573
- Congress.gov bill record
- H.R. 7127, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/7127
- Record last updated by Congress.gov
- July 16, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
0ca866912fbe951ef52c3321ca0dddd2ade9619bf1d67af855741c0e596e57fe
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. MEUSER, as printed in the Congressional Record (Vol. 172, No. 12, January 16, 2026, Page H924):Article I, Section 8 of the United States Constitution.Source: Congress.gov, Congressional Record January 16, 2026 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 55 characters
- Congress.gov bill record
- H.R. 7127, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/7127
- Record last updated by Congress.gov
- July 16, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
0ca866912fbe951ef52c3321ca0dddd2ade9619bf1d67af855741c0e596e57fe
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. 7127, 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. Daniel Meuser.
- H.R. 2066 (119th) Investing in All of America Act of 2025
- H.R. 1804 (119th) 7(a) Loan Agent Oversight Act
- H.R. 7401 (119th) Small Business Lending Fraud Prevention Act
- H.Res. 364 (119th) Calling upon local communities to support organizations that provide resources and aid Gold Shield Families in their time of need.
- H.R. 692 (119th) China Exchange Rate Transparency Act of 2025
- H.Res. 213 (119th) Electing Members to certain standing committees of the House of Representatives.
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.