Protecting Private Job Creators Act
- Last Action
- 2/25/2026
Actions
- 2026-02-25Placed on the Union Calendar, Calendar No. 448.
- 2026-02-25Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
- 2026-02-25Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
- 2025-12-17Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 11.
- 2025-12-17Committee Consideration and Mark-up Session Held
- 2025-12-16Committee Consideration and Mark-up Session Held
- 2025-06-12Referred to the House Committee on Financial Services.
- 2025-06-12Introduced in House
- 2025-06-12Introduced in House
CRS Summary
As of 2026-02-25 (07)
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.
Cosponsors (7)
- Cleo Fields (D-LA)
- Josh Gottheimer (D-NJ)
- David Scott (D-GA)
- Ann Wagner (R-MO)
- Pete Sessions (R-TX)
- Tim Moore (R-NC)
- Michael Lawler (R-NY)
Subjects
- Bank accounts, deposits, capital
- Financial services and investments
- Securities
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.