HR4171Reported by Committee
SEED Act of 2025
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2025-06-26
Introduced
0
Cosponsors
HR
ⓘType
Sponsor
Andrew R. Garbarino
Republican · NY · Representative
Votes with party: 94.5% (587 recorded votes)
Full profile: /officials/G000597
Source: Congress.gov · FEC
Cosponsors (0)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.
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 →
Committee Activity
Currently in
- House Committee on Financial ServicesReported By · 2026-03-25
Previously
- Financial Services CommitteeReported By · 2026-03-25
- Financial Services CommitteeMarkup By · 2026-03-04
- House Committee on Financial ServicesMarkup By · 2026-03-04
- Financial Services CommitteeReferred To · 2025-06-26
- House Committee on Financial ServicesReferred To · 2025-06-26
Plain-English 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.
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.
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