HR 3959 · 119th Congress · Finance and Financial Sector

Protecting Private Job Creators Act

Introduced 2025-06-12· Sponsored by Rep. Downing, Troy [R-MT-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 448.(2026-02-25)

Plain Language Summary

[AI summary unavailable — showing source text] 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 Office

H.R. 3959, Protecting Private Job Creators Act

Mar 24, 2026

As 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