Bill · HR
H.R. 3959 (119th)
Protecting Private Job Creators Act
Original
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
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
12 June 2025
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
12 June 2025
Introduced
Introduced in House
Source: IntroReferral
12 June 2025
Introduced
Introduced in House
Source: IntroReferral
16 December 2025
Committee
Committee Consideration and Mark-up Session Held
Source: Committee
17 December 2025
Vote
Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 11.
Source: Committee
17 December 2025
Committee
Committee Consideration and Mark-up Session Held
Source: Committee
25 February 2026
Reported
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
Source: Committee
25 February 2026
Calendars
Placed on the Union Calendar, Calendar No. 448.
Source: Calendars
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
Reported in House
Reported in House · EN · 25 February 2026
Reported to House
summary · EN · 25 February 2026
Introduced in House
Introduced in House · EN · 12 June 2025
Sponsors
- Rep. Downing, Troy [R-MT-2] · R · Sponsor
- Cleo Fields · D · Sponsor
- Rep. Gottheimer, Josh [D-NJ-5] · D · Cosponsor
- David Scott · D · Cosponsor
- Ann Wagner · R · Cosponsor
- Pete Sessions · R · Cosponsor
- Tim Moore · R · Cosponsor
- Rep. Lawler, Michael [R-NY-17] · R · Cosponsor
- · hsba00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/119th-congress/house-bill/3959
- Open data entity: https://api.congress.gov/v3/bill/119/hr/3959
- us · 119-hr-3959 · source updated 11 June 2026