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Bill · HR

H.R. 3959 (119th)

Protecting Private Job Creators Act

Original

openUnited States· United States Congress· EN

Introduced

12 June 2025

Last action

25 February 2026 · Reported

Status

Placed on the Union Calendar, Calendar No. 448.

Sponsors

Rep. Downing, Troy [R-MT-2], Cleo Fields, Rep. Gottheimer, Josh [D-NJ-5], David Scott, Ann Wagner, Pete Sessions, Tim Moore, Rep. Lawler, Michael [R-NY-17]

Subjects

Finance and Financial Sector

Source updated

11 June 2026

Finance and Financial Sector

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 June 2025

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 12 June 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 12 June 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 16 December 2025

    Committee

    Committee Consideration and Mark-up Session Held

    Source: Committee

  5. 17 December 2025

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 11.

    Source: Committee

  6. 17 December 2025

    Committee

    Committee Consideration and Mark-up Session Held

    Source: Committee

  7. 25 February 2026

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.

    Source: Committee

  8. 25 February 2026

    Calendars

    Placed on the Union Calendar, Calendar No. 448.

    Source: Calendars

  9. 25 February 2026

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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