# 119-hr-4171: SEED Act of 2025

119-hr-4171, SEED Act of 2025, is a 119th Congress bill sponsored by Rep. Garbarino, Andrew R. [R-NY-2] (R-NY); status in_committee; PRIA reads it as touching household money (as of 2026-07-18).

- Canonical: https://policyrisk.com/legislation/119-hr-4171
- As of: 2026-07-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-4171
- Congress: 119
- Title: SEED Act of 2025
- Status: in_committee
- Introduced: 2025-06-26
- Sponsor: Rep. Garbarino, Andrew R. [R-NY-2] (R-NY)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-07-18

## Summary

**This bill would create a federal micro-offering exemption that lets small issuers raise up to $500,000 in a 12-month period with reduced disclosure while keeping federal antifraud protections.** - Entrepreneurs and very small issuers. It would let an issuer and affiliated entities offer or sell up to $500,000 of securities in a 12-month period without the usual federal disclosures and filings, lowering paperwork burdens for tiny capital raises. - Investors and market integrity. Antifraud protections under the federal securities laws would still apply and the exemption would be unavailable to people barred by existing "bad actor" rules or statutory disqualifications. - State regulators and rulemaking. The bill would add the micro-offering exemption to federal law and amend Section 18(b)(4) so states can treat offerings under section 4(a)(8) as an exempt basis. The SEC could adjust the $500,000 cap by CPI at least every 5 years.

## Provisions PRIA read

- Easier micro-offerings for small businesses: benefit, high. This bill would create a federal micro-offering exemption for small issuers and related entities. Issuers would be able to sell up to $500,000 of securities in any 12-month period without full federal registration. The SEC would update the $500,000 limit for inflation at least once every five years…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025
- 119-hr-7062: Build HUBS Act

## Sources
- [119-hr-4171 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/4171)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [119-hr-7062: Build HUBS Act](https://policyrisk.com/legislation/119-hr-7062)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-4171 (as of 2026-07-18).