United StatesHouse Bill 3484HR 3484
Business Owners Protection Act of 2025
Finance and Financial Sector
3 pages
- house
- senate
- president
Last progress May 19, 2025 (6 months ago)
Introduced on May 19, 2025 by Garland H. Barr
House Votes
Pending Committee
May 19, 2025 (6 months ago)Referred to the House Committee on Financial Services.
Senate Votes
Vote Data Not Available
Presidential Signature
Signature Data Not Available
AI Summary
This bill would cancel certain unused powers the SEC has from the Dodd‑Frank law. In plain terms, if the SEC had the option to create new rules for private companies under Dodd‑Frank but hadn’t even started the rulemaking process or issued guidance by January 1, 2025, those powers would end as soon as this bill becomes law. The SEC would also have to publish a public list of which powers got canceled within 180 days. This also covers Dodd‑Frank changes that amended the Securities Exchange Act and gave the SEC those optional rulemaking powers in the first place.
- Who is affected: The SEC and companies it regulates.
- What changes: Unused, optional rulemaking powers from Dodd‑Frank expire if the SEC hadn’t begun rules or issued guidance by 1/1/2025; SEC must post a list of what was ended.
- When: Powers end on the date the bill becomes law; the public list is due within 180 days after that date.
Text Versions
Text as it was Introduced in House
ViewMay 19, 2025•3 pages
Amendments
No Amendments