HR 3959 · 119th Congress · Finance and Financial Sector
Protecting Private Job Creators Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 448.(2026-02-25)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 3959, Protecting Private Job Creators Act
Mar 24, 2026As reported by the House Committee on Financial Services on February 25, 2026
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (7)
3 Democrats4 Republicans