Bill · H.R. 4449· House(119-HR-4449)
Advocating for Small Business Act
- Introduced
- 7/16/2025
- Last activity
- 9/8/2025 — Placed on the Union Calendar, Calendar No. 207.
- Sponsored by
- Vicente Gonzalez
- Cosponsors
- - 0 - 2
- Introduced
- On Calendar
What this bill would do
This bill, titled the "Advocating for Small Business Act," seeks to amend the Securities Exchange Act of 1934. It directs the Securities and Exchange Commission to establish Offices of Small Business within every division that performs rule writing activities. These new offices are intended to coordinate on rules and policy priorities specifically related to capital formation. The goal is to make the SEC more small business friendly.
Yes· 3 of 5
Would business owners be better off under this?+7
The bill directly targets the interests of small business owners by establishing internal SEC offices to prioritize their capital formation needs.
Does this make it easier to run a small business?+6
The bill creates specialized offices within the SEC to specifically advocate for and coordinate on policies benefiting small business capital formation.
Is this likely to grow the economy?+2
By facilitating capital formation for small businesses, the bill could indirectly support broader economic growth.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Improved coordination on capital formation: The establishment of Offices of Small Business within rule writing divisions will allow for coordination with the Office of the Advocate for Small Business Capital Formation regarding rules and policy priorities related to capital formation (Sec. 2).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+6Improves Economic Growth+2
- Demographic And Interest Groups
- Good For Business Owners+7
- Governance And Ideology
- Improves Government Transparency+1Increases Federal Power+1
- 9/8/2025
- Reported by the Committee on Financial Services. H. Rept. 119-250.
- Placed on the Union Calendar, Calendar No. 207.
- 7/22/2025
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported by the Yeas and Nays: 50 - 4.
- 7/21/2025
- 1 Cosponsor added.
- 7/16/2025
- Referred to the House Committee on Financial Services.
- 1 Cosponsor added.
- Introduced in House
Brian FitzpatrickRepublican · Pennsylvania
Andrew GarbarinoRepublican · New York