BillHR 4437 · 119

SMART Act of 2025

Introduced

Jul 16, 2025

Cosponsors

Traction

Last Action

May 13, 2026

Bill Summary

Establishes reforms to the Securities and Exchange Commission's (SEC) rules and procedures, specifically regarding the processing of certain financial filings. Requires the SEC to review and update its filing procedures to improve efficiency and reduce unnecessary burdens.

Bill Journey

Jul 16, 2025
May 13, 2026You Are Here
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects publicly traded companies and financial institutions by potentially streamlining the process of submitting financial reports to the SEC. It may also impact investors and consumers by increasing the accuracy and timeliness of financial information available to them.

Impact Areas

Sample

Addresses Supply

Targets an underlying shortage driving costs.

Supports Families

Aimed at easing pressure on working households.

Long-term Impact

Effects compound across multiple budget cycles.

Expands Access

Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party

Democratic1
Republican1

Cross-party cosponsors1 · 100%

Documents

Full Bill Text
H.R. 4437 · congress.gov

Full text opens on congress.gov, the official source.

Cosponsors (1)

Bill Foster
Democrat · IL

Bill Details

Bill TypeHouse Bill · Federal

Primary TopicMoney & Economy

CommitteeCommittee on Banking

IntroducedJul 16, 2025

Last UpdatedMay 13, 2026

Latest ActionReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects

Economy
Culture

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.