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HR 4171In committeeFinancehouse

SEED Act of 2025

Introduced Jun 26, 2025 by Rep. Andrew R. Garbarino

IntroducedCommitteeFloorCongressLaw

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Latest action · Mar 25, 2026
Placed on the Union Calendar, Calendar No. 492.
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What it does

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.

Summary by the Congressional Research Service.

Roll-call votes

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