# 119-hr-3959: Protecting Private Job Creators Act

119-hr-3959, Protecting Private Job Creators Act, is a 119th Congress bill sponsored by Rep. Downing, Troy [R-MT-2] (R-MT); status in_committee; PRIA reads it as touching household money (as of 2026-06-13).

- Canonical: https://policyrisk.com/legislation/119-hr-3959
- As of: 2026-06-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3959
- Congress: 119
- Title: Protecting Private Job Creators Act
- Status: in_committee
- Introduced: 2025-06-12
- Sponsor: Rep. Downing, Troy [R-MT-2] (R-MT)
- Cosponsors: 7
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-06-13

## Summary

**Would exempt quotations of fixed-income securities from SEC rule 17 CFR 240.15c2-11, removing that rule's quotation requirements for bonds and similar debt instruments.** It defines “fixed-income security” to include notes, bonds, debentures, certificates of deposit, asset-backed securities, and any of those that are convertible or that carry a warrant or right to buy equity.

## Cosponsors (7)

- Rep. Fields, Cleo [D-LA-6] (D-LA), 2025-06-12T00:00:00.000Z
- Rep. Gottheimer, Josh [D-NJ-5] (D-NJ), 2025-09-30T00:00:00.000Z
- Rep. Scott, David [D-GA-13] (D-GA), 2025-10-08T00:00:00.000Z
- Rep. Wagner, Ann [R-MO-2] (R-MO), 2025-10-10T00:00:00.000Z
- Rep. Sessions, Pete [R-TX-17] (R-TX), 2025-12-16T00:00:00.000Z
- Rep. Moore, Tim [R-NC-14] (R-NC), 2025-12-18T00:00:00.000Z
- Rep. Lawler, Michael [R-NY-17] (R-NY), 2026-01-09T00:00:00.000Z

## Provisions PRIA read

- Fewer SEC rules for bond quotes: mixed, medium. This bill would make SEC Rule 240.15c2-11 not apply to quotations of fixed-income securities. It would define fixed-income securities to include notes, bonds, debentures, certificates of deposit, asset-backed securities, and other evidence of indebtedness. It would also cover those securities if th…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-1993: 25th Anniversary of 9/11 Commemorative Coin Act
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-2808: Homebuyers Privacy Protection Act
- 119-hr-979: AM Radio for Every Vehicle Act of 2025
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025

## Sources
- [119-hr-3959 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3959)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-1993: 25th Anniversary of 9/11 Commemorative Coin Act](https://policyrisk.com/legislation/119-hr-1993)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-2808: Homebuyers Privacy Protection Act](https://policyrisk.com/legislation/119-hr-2808)
- [119-hr-979: AM Radio for Every Vehicle Act of 2025](https://policyrisk.com/legislation/119-hr-979)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3959 (as of 2026-06-13).
