[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4449 Reported in House (RH)]

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                                                 Union Calendar No. 207
119th CONGRESS
  1st Session
                                H. R. 4449

                          [Report No. 119-250]

 To amend the Securities Exchange Act of 1934 to establish Offices of 
  Small Business within rule writing divisions of the Securities and 
   Exchange Commission to coordinate on rules and policy priorities 
                     related to capital formation.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 16, 2025

     Mr. Vicente Gonzalez of Texas (for himself and Mr. Garbarino) 
 introduced the following bill; which was referred to the Committee on 
                           Financial Services

                           September 8, 2025

                  Additional sponsor: Mr. Fitzpatrick

                           September 8, 2025

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed


_______________________________________________________________________

                                 A BILL


 
 To amend the Securities Exchange Act of 1934 to establish Offices of 
  Small Business within rule writing divisions of the Securities and 
   Exchange Commission to coordinate on rules and policy priorities 
                     related to capital formation.


 


    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Advocating for Small Business Act''.

SEC. 2. MAKING THE SEC EVEN MORE SMALL BUSINESS FRIENDLY.

    Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is 
amended by adding at the end the following:
    ``(l) Offices of Small Business.--The Commission shall establish, 
within each division of the Commission that performs rule writing 
activities, an Office of Small Business, which shall coordinate with 
the Office of the Advocate for Small Business Capital Formation on 
rules and policy priorities related to capital formation.''.
                                                 Union Calendar No. 207

119th CONGRESS

  1st Session

                               H. R. 4449

                          [Report No. 119-250]

_______________________________________________________________________

                                 A BILL

 To amend the Securities Exchange Act of 1934 to establish Offices of 
  Small Business within rule writing divisions of the Securities and 
   Exchange Commission to coordinate on rules and policy priorities 
                     related to capital formation.

_______________________________________________________________________

                           September 8, 2025

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed