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HR3484 On Union Calendar

Business Owners Protection Act of 2025

Bill Text

Version RH
This Act may be cited as the Business Owners Protection Act of 2025.
Section 15 of the Securities Exchange Act of 1934 (15 U.S.C. 78o) is amended by repealing subsection (o).
Section 921 of the Investor Protection and Securities Reform Act of 2010 is amended by striking subsection (a).
The second subsection (l) of section 15 of the Securities Exchange Act of 1934 (15 U.S.C. 78o; relating to Other matters) is amended—
by striking Commission shall and all that follows through (1) facilitate and inserting Commission shall facilitate;
in paragraph (1), by striking ; and and inserting a period; and
by striking paragraph (2).
Section 211(h) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–11(h)) is amended—
by striking Commission shall and all that follows through (1) facilitate and inserting Commission shall facilitate;
in paragraph (1), by striking ; and and inserting a period; and
by striking paragraph (2).
Section 15 of the Securities Exchange Act of 1934 (15 U.S.C. 78o) is amended by repealing the second subsection (k) (relating to Standard of Conduct).

Legislative Timeline

8 actions
  1. Nov 4, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-363.
  2. Nov 4, 2025 House
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-363.
  3. Nov 4, 2025 House
    Placed on the Union Calendar, Calendar No. 315.
  4. Sep 16, 2025 House
    Committee Consideration and Mark-up Session Held
  5. Sep 16, 2025 House
    Ordered to be Reported (Amended) by the Yeas and Nays: 26 - 24.
  6. May 19, 2025
    Introduced in House
  7. May 19, 2025
    Introduced in House
  8. May 19, 2025 House
    Referred to the House Committee on Financial Services.
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