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HR 3959 Advanced toward a vote

Exempts price quotations for bonds, notes, and other debt securities from a federal rule in Title 17 of the Code of Federal Regulations.

Official title: Protecting Private Job Creators Act

Next stop House floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced 12-JUN-2025
Referred 12-JUN-2025
Approved by committee 17-DEC-2025
Reported 25-FEB-2026
On the calendar 25-FEB-2026
Key points
  • Excludes quotations of fixed-income securities from Section 240.15c2-11 of title 17, Code of Federal Regulations.
  • Defines fixed-income security to include notes, bonds, debentures, certificates of deposit, asset-backed securities, and other evidence of indebtedness.
  • Covers securities that are convertible into equity securities or that carry a warrant or right to buy equity securities.
AI-generated from the Reported in House text of 25-FEB-2026 · verify · report an error
Official CRS summary

Current. The Congressional Research Service's summary covers the bill's latest wording (Reported to House, 25-FEB-2026).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov
Committee referrals (1) Policy area

Finance and Financial Sector

Sponsor Troy Downing (R-MT) Cosponsors · 7
■ 4 R■ 3 D