H.R. 3339 · 119th Congress

Equal Opportunity for All Investors Act of 2025

Introduced on May 13, 2025 by Mike Flood (R-NE-1). 4 cosponsors, 3 of them from another party. Latest action (Jul 22, 2025): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Stage
Passed one chamber
Introduced
May 13, 2025
Cosponsors
4
3 from the other party
Policy area
Finance and Financial Sector
Open in the Congress explorerCongress.govAlert me

Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. Passed one chamber
  4. 4Passed both chambers
  5. 5Sent to the President
  6. 6Became law

Official title

To require certification examinations for accredited investors, and for other purposes.

Subjects

  • Banking and financial institutions regulation
  • Financial services and investments
  • Securities

Summary

By the Congressional Research Service (Introduced in House, May 13, 2025). Public domain.

Equal Opportunity for All Investors Act of 2025

This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. (Certain unregistered securities may only be offered to accredited investors.)

Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission. The examination must

  • be designed with an appropriate difficulty level such that an individual with financial sophistication or training would be unlikely to fail,
  • include methods to determine competency and knowledge in certain areas such as the disclosure requirements of different securities, and
  • be administered by a registered national securities association and offered free of charge to the public.

Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Mike FloodR-NE-1Sponsor

Democrats · 3

Republicans · 1

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

No recorded roll call on this measure: it moved by voice vote or unanimous consent, or has not reached the floor.

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. May 13, 2025Introduced in House
  2. May 13, 2025Introduced in House
  3. May 13, 2025 · HouseReferred to the House Committee on Financial Services.
  4. May 20, 2025 · HouseCommittee Consideration and Mark-up Session Held
  5. May 20, 2025 · HouseOrdered to be Reported (Amended) by the Yeas and Nays: 49 - 2.
  6. Jun 3, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-127.
  7. Jun 3, 2025 · HouseReported (Amended) by the Committee on Financial Services. H. Rept. 119-127.
  8. Jun 3, 2025 · HousePlaced on the Union Calendar, Calendar No. 97.
  9. Jul 21, 2025 · HouseMr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
  10. Jul 21, 2025 · HouseConsidered under suspension of the rules. (consideration: CR H3506-3508)
  11. Jul 21, 2025 · HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 3339.
  12. Jul 21, 2025Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3506)
  13. Jul 21, 2025 · HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3506)
  14. Jul 21, 2025 · HouseMotion to reconsider laid on the table Agreed to without objection.
  15. Jul 22, 2025 · SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. Chamber of Commerce of the U.S.A.5 reports
    $87.7M reported (all issues)
  2. ESHARES, INC. D/B/A CARTA, INC.5 reports
    $560K reported (all issues)
  3. FRANKLIN RESOURCES, INC. (FRANKLIN TEMPLETON)5 reports
    $1.4M reported (all issues)
  4. Financial Industry Regulatory Authority5 reports
    $1.1M reported (all issues)Federal contractor: FINANCIAL INDUSTRY REGULATORY AUTHORITY INC$5.1M in contracts, FY2026AI match · 100%
  5. Future Standard3 reports
    $400K reported (all issues)
  6. BIOTECHNOLOGY INNOVATION ORGANIZATION2 reports
    $4M reported (all issues)
  7. BLOCKCHAIN ASSOCIATION2 reports
    $520K reported (all issues)
  8. Americans for Financial Reform1 report
    $150K reported (all issues)
  9. Franklin Square Holdings, L.P.1 report
    $160K reported (all issues)
  10. Future Standard (formerly Franklin Square Holdings, L.P.)1 report
    $140K reported (all issues)
  11. SOLANA POLICY INSTITUTE1 report
    $560K reported (all issues)

Reports filed in 2025, 2026.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 10, 2026 · loaded Oct 10, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 10, 2026 · loaded Oct 10, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.