YourVoice.Now Summary
Corporate BenefitsTransparency & AccountabilitySmall firms could raise $500,000 a year selling shares, with no SEC filings — and buyers would learn less.
Corporate Benefits
A company could sell stock or other investments to raise money without filing anything with the SEC first. The cap counts what the company and firms it controls sold in the past 12 months.
The SEC would have to raise the $500,000 cap at least every five years to match rising prices. It would round to the nearest $10,000 and post the new number for the public.
Transparency & Accountability
Companies using this option would not have to give buyers the papers and filings that other share sales require. Buyers could still sue for fraud, and people with fraud records or regulator bars could not use it.
State officials can normally make companies register a share sale before selling it in their state. That step would not apply here, though states could still bring fraud cases.
More about this bill
If you run a small business, you could raise up to $500,000 a year by selling shares in it. You would not have to register the sale with the Securities and Exchange Commission (SEC). That agency polices investment sales. You would also skip the disclosure papers and filings that normally come with raising money this way. Your state could not make you register either. The $500,000 limit would rise with inflation at least once every five years. If someone asks you to put money into their small company, you would get less information up front. No company documents would be required. You could still sue if the company lied to you, because the fraud rules stay in place. People with securities fraud records, or others already barred by regulators, could not use this new option.
Congressional Summary
Small Entrepreneurs' Empowerment and Development Act of 2025 or the SEED Act of 2025 This bill creates an exemption to securities registration requirements for a micro-offering of securities. In general, the Securities and Exchange Commission (SEC) prohibits the offering or selling of securities unless the offering is registered with the SEC or the offering qualifies for an exemption from registration requirements.The bill defines a micro-offering as an aggregate amount of securities offered or sold by an issuer that does not exceed $500,000 in a 12-month period. This exemption does not apply to issuers who are convicted of specified financial crimes or are subject to specified professional disciplinary actions.
Legislative Subjects
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Reported to House
- Action Date
- 2026-03-25
- Date Added
- 2026-07-10
- Source
- Congress.gov →
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