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SEED Act of 2025

3/31/2026, 8:26 PM

Summary of Bill HR 4171

The bill titled "To amend the Securities Act of 1933" was introduced in the 119th Congress as H.R. 4171 on June 26, 2025. It aims to provide small issuers with a micro-offering exemption that excludes mandated disclosures or offering filings, while ensuring compliance with the antifraud provisions of the Federal securities laws.

Congressional Summary of HR 4171

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.

Current Status of Bill HR 4171

Bill HR 4171 is currently in the status of Bill Introduced since June 26, 2025. Bill HR 4171 was introduced during Congress 119 and was introduced to the House on June 26, 2025.  Bill HR 4171's most recent activity was Placed on the Union Calendar, Calendar No. 492. as of March 25, 2026

Bipartisan Support of Bill HR 4171

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4171

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 4171

To amend the Securities Act of 1933 to provide small issuers with a micro-offering exemption free of mandated disclosures or offering filings, but subject to the antifraud provisions of the Federal securities laws, and for other purposes.
To amend the Securities Act of 1933 to provide small issuers with a micro-offering exemption free of mandated disclosures or offering filings, but subject to the antifraud provisions of the Federal securities laws, and for other purposes.

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