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HR3959Referred to Committee

Protecting Private Job Creators Act

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-06-12
Introduced
7
Cosponsors
HR
ⓘ
Type

Sponsor

Troy Downing
Troy Downing
Republican · MT · Representative
Votes with party: 96.4% (557 recorded votes)

Full profile: /officials/D000634

Source: Congress.gov · FEC

Cosponsors (7)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • Cleo Fields (D-LA-6)Original· 2025-06-12
  • Josh Gottheimer (D-NJ-5)· 2025-09-30
  • David Scott (D-GA-13)· 2025-10-08
  • Ann Wagner (R-MO-2)· 2025-10-10
  • Pete Sessions (R-TX-17)· 2025-12-16
  • Tim Moore (R-NC-14)· 2025-12-18
  • Michael Lawler (R-NY-17)· 2026-01-09

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Placed on the Union Calendar, Calendar No. 448.

2026-02-25

Source: Congress.gov

Committee Activity

Currently in

  • House Committee on Financial ServicesReported By · 2026-02-25

Previously

  • Financial Services CommitteeReported By · 2026-02-25
  • Financial Services CommitteeMarkup By · 2025-12-16
  • House Committee on Financial ServicesMarkup By · 2025-12-16
  • House Committee on Financial ServicesReferred To · 2025-06-12
  • Financial Services CommitteeReferred To · 2025-06-12

Plain-English Summary

Protecting Private Job Creators Act This bill provides statutory authority for an exemption from specified disclosure requirements applicable to fixed-income securities (e.g., corporate bonds or a certificate of deposit). Under current securities regulations, brokers and dealers are generally prohibited from publishing securities quotations (i.e., the sale price) in over-the-counter (i.e., not on a national exchange) markets unless they have certain information about the securities issuer in their records. The Securities and Exchange Commission issued a series of orders (with the latest order issued in November 2024) granting an exemption to this rule to fixed-income securities that comply with specified safe-harbor rules. The bill provides statutory authority for this exemption.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Finance and Financial Sector
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

  • HR7250To reauthorize the Fort Peck Reservation Rural Water System Act of 2000.
    Passed House · 2026-06-02
  • HR8682Accelerating Forest Management Act
    Referred to Committee · 2026-05-21
  • HR8745Dry-Redwater Regional Water Authorization Act
    Referred to Committee · 2026-05-12
  • HR8726PARTNERS Act of 2026
    Referred to Committee · 2026-05-11