H.R. 4130 explained · 119th Congress · Pending in Congress
Small Business Relief Act
Cosponsors: 1 (0 D, 1 R) · per Congress.gov, 2026-10-09
Introduced: 2025-06-25
Latest action (2026-02-25): Placed on the Union Calendar, Calendar No. 450.
What H.R. 4130 does, in plain terms
Small Business Relief Act This bill allows issuers of securities to have institutional investors and buyers in a class of securities without needing to comply with certain Securities and Exchange Commission (SEC) registration requirements. Currently, issuers of securities must register with and periodically report to the SEC when, among other requirements, the number of investors in a class of securities exceeds a specific cap. Under the bill, qualified institutional buyers and institutional accredited investors do not count towards this cap.
Official summary by the Congressional Research Service, via Congress.gov.
Constitution Index
“VFA Constitution grade”
Not graded yet
H.R. 4130 has not been graded yet. New measures with an official summary are graded daily under the published rubric.
What should pass
“VFA SI Solution”
No solution yet
A sourced SI draft appears here once it passes automated checks (Constitution citation, source verification, independent SI critic). How publication works.
For journalists and bloggers
“Embed this grade”
Free to use with the link back. The badge and card update when the grade changes. Embed terms →
