PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 448.
Congressional Research Service
Version 07 · Reported to House · Feb 25, 2026
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.
People & committees
Rep. Downing, Troy [R-MT-2] · R–MT
Legislative record
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Placed on the Union Calendar, Calendar No. 448.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 11.
Committee Consideration and Mark-up Session Held
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jun 11, 2026. Consult Congress.gov for the current record.
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