119th Congress · introduced in the House · May 13, 2025
Equal Opportunity for All Investors Act of 2025
Official title from Congress.gov
Latest action (Jul 22, 2025): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
View on Congress.govPolicy area: Finance and Financial Sector
Congressional Research Service summary, version: Introduced in House (May 13, 2025)
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.
Show less of the summaryIncludes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3506)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3506)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3339.
Considered under suspension of the rules. (consideration: CR H3506-3508)
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Placed on the Union Calendar, Calendar No. 97.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-127.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-127.
Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Actions from Congress.gov, newest first.
Banking and financial institutions regulation · Financial services and investments · Securities
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 23, 2026.
42 citations; showing the 25 most recently posted.
BIOTECHNOLOGY INNOVATION ORGANIZATION · lobbying firm or registrant: BIOTECHNOLOGY INNOVATION ORGANIZATION
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Small Business
$2,560,000
Spent on own lobbying
Banking Policy Impacting Emerging Companies ---Regulatory Burden Capital Formation Incentives ---H.R.3323: Helping Startups Continue To Grow Act ---H.R.3339: Equal Opportunity for All Investors Act of 2025 ---H.R.3348: Accredited Investor Definition Review Act ---H.R.3382/S.2924: Small Entity Update Act ---H.R.3394…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FRANKLIN TEMPLETON, INC. AND AFFILIATES (FORMERLY FRANKLIN RESOURCES, INC.) · lobbying firm or registrant: FRANKLIN TEMPLETON, INC. AND AFFILIATES (FORMERLY FRANKLIN RESOURCES, INC.)
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Financial Institutions/Investments/Securities
$280,000
Spent on own lobbying
…order (14330) on alternative investments in 401(k)s Accredited investor reform initiatives including H.R. 3348, the Accredited Investor Definition Review Act, H.R. 3339, the Equal Opportunity for All Investors Act, and H.R. 3394, the Fair Investment Opportunities for Professional Experts Act Clarifications about restrictions o…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Financial Institutions/Investments/Securities
$16,480,000
Spent on own lobbying
…7, Improving Disclosure for Investors Act of 2025 H.R. 2675/S. 3180, Protecting Our Courts From Foreign Manipulation Act of 2025 H.R. 3301, ELEVATE Act of 2025 H.R. 3339, Equal Opportunity for All Investors Act of 2025 H.R. 3343, Greenlighting Growth Act of 2025 H.R. 3351, Improving Access to Small Business Information Act H.R.…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FINANCIAL INDUSTRY REGULATORY AUTHORITY · lobbying firm or registrant: FINANCIAL INDUSTRY REGULATORY AUTHORITY
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 19, 2026 · issue area: Financial Institutions/Investments/Securities
$230,000
Spent on own lobbying
…ts, self-regulatory organizations, data security, digital asset market structure, data privacy, capital formation as well as investor protection and education. HR 3339-Equal Opportunity for Investors Act, HR 3394 - Fair Investment Opportunities for Professionals Act, H.R.8413 - SECURE Data Act, and HR 2689.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FRANKLIN TEMPLETON FUNDS · lobbying firm or registrant: CAPITOL COUNSEL LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 14, 2026 · issue area: Financial Institutions/Investments/Securities
$50,000
Paid to lobbying firm
…nd H.R. 5748, the Retirement Investment Choice Act. Accredited investor reform initiatives, including H.R. 3348, the Accredited Investor Definition Review Act, H.R. 3339, the Equal Opportunity for All Investors Act, and H.R. 3394, the Fair Investment Opportunities for Professional Experts Act.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FRANKLIN TEMPLETON, INC. AND AFFILIATES (FORMERLY FRANKLIN RESOURCES, INC.) · lobbying firm or registrant: FRANKLIN TEMPLETON, INC. AND AFFILIATES (FORMERLY FRANKLIN RESOURCES, INC.)
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · amended · posted Jul 22, 2026 · issue area: Financial Institutions/Investments/Securities
$270,000
Spent on own lobbying
…order (14330) on alternative investments in 401(k)s Accredited investor reform initiatives including H.R. 3348, the Accredited Investor Definition Review Act, H.R. 3339, the Equal Opportunity for All Investors Act, and H.R. 3394, the Fair Investment Opportunities for Professional Experts Act Clarifications about restrictions o…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BIOTECHNOLOGY INNOVATION ORGANIZATION · lobbying firm or registrant: BIOTECHNOLOGY INNOVATION ORGANIZATION
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 21, 2026 · issue area: Small Business
$2,360,000
Spent on own lobbying
Banking Policy Impacting Emerging Companies ---Regulatory Burden Capital Formation Incentives ---H.R.3323: Helping Startups Continue To Grow Act ---H.R.3339: Equal Opportunity for All Investors Act of 2025 ---H.R.3348: Accredited Investor Definition Review Act ---H.R.3382/S.2924: Small Entity Update Act ---H.R.3394…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FUTURE STANDARD · lobbying firm or registrant: FUTURE STANDARD
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Financial Institutions/Investments/Securities
$120,000
Spent on own lobbying
H.R. 2225/S. 1808, Access to Small Business Investor Capital Act, all provisions. H.R 3383, Increasing Investor Opportunities Act, all provisions. H.R. 3339, Equal Opportunity for All Investors Act of 2025, provisions relating to the accredited investor rule. H.R. 3348, Accredited Investor Definition Review Act, pr…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Financial Institutions/Investments/Securities
$16,950,000
Spent on own lobbying
…7, Improving Disclosure for Investors Act of 2025 H.R. 2675/S. 3180, Protecting Our Courts From Foreign Manipulation Act of 2025 H.R. 3301, ELEVATE Act of 2025 H.R. 3339, Equal Opportunity for All Investors Act of 2025 H.R. 3343, Greenlighting Growth Act of 2025 H.R. 3351, Improving Access to Small Business Information Act H.R.…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
ESHARES, INC. D/B/A CARTA, INC. · lobbying firm or registrant: ESHARES, INC. D/B/A CARTA, INC.
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Financial Institutions/Investments/Securities
$120,000
Spent on own lobbying
…iring Leaders Act of 2025; H.R. 3394, the Fair Investment Opportunities for Professional Experts Act; H.R. 3348, the Accredited Investor Definition Review Act; H.R. 3339, the Equal Opportunity for All Investors Act of 2025; H.R. 3383, the Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 (IN…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FRANKLIN TEMPLETON FUNDS · lobbying firm or registrant: CAPITOL COUNSEL LLC
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 17, 2026 · issue area: Financial Institutions/Investments/Securities
$50,000
Paid to lobbying firm
…nd H.R. 5748, the Retirement Investment Choice Act. Accredited investor reform initiatives, including H.R. 3348, the Accredited Investor Definition Review Act, H.R. 3339, the Equal Opportunity for All Investors Act, and H.R. 3394, the Fair Investment Opportunities for Professional Experts Act.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FINANCIAL INDUSTRY REGULATORY AUTHORITY · lobbying firm or registrant: FINANCIAL INDUSTRY REGULATORY AUTHORITY
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 17, 2026 · issue area: Financial Institutions/Investments/Securities
$220,000
Spent on own lobbying
…industry and markets, self-regulatory organizations, data security, digital asset market structure, data privacy, as well as investor protection and education. HR 3339-Equal Opportunity for Investors Act, HR 3394 - Fair Investment Opportunities for Professionals Act, H.R.8413 - SECURE Data Act, and HR 2689.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · amended · posted Jul 14, 2026 · issue area: Financial Institutions/Investments/Securities
$19,750,000
Spent on own lobbying
…7, Improving Disclosure for Investors Act of 2025 H.R. 2675/S. 3180, Protecting Our Courts From Foreign Manipulation Act of 2025 H.R. 3301, ELEVATE Act of 2025 H.R. 3339, Equal Opportunity for All Investors Act of 2025 H.R. 3343, Greenlighting Growth Act of 2025 H.R. 3351, Improving Access to Small Business Information Act H.R.…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FUTURE STANDARD · lobbying firm or registrant: FUTURE STANDARD
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Financial Institutions/Investments/Securities
$140,000
Spent on own lobbying
H.R. 2225/S. 1808, Access to Small Business Investor Capital Act, all provisions. H.R 3383, Increasing Investor Opportunities Act, all provisions. H.R. 3339, Equal Opportunity for All Investors Act of 2025, provisions relating to the accredited investor rule. H.R. 3348, Accredited Investor Definition Review Act, pr…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BIOTECHNOLOGY INNOVATION ORGANIZATION · lobbying firm or registrant: BIOTECHNOLOGY INNOVATION ORGANIZATION
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Small Business
$1,620,000
Spent on own lobbying
Capital Formation Incentives ---H.R.3323: Helping Startups Continue To Grow Act ---H.R.3339: Equal Opportunity for All Investors Act of 2025 ---H.R.3348: Accredited Investor Definition Review Act ---H.R.3382/S.2924: Small Entity Update Act ---H.R.3394…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FINANCIAL INDUSTRY REGULATORY AUTHORITY · lobbying firm or registrant: FINANCIAL INDUSTRY REGULATORY AUTHORITY
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Financial Institutions/Investments/Securities
$220,000
Spent on own lobbying
…s, self-regulatory organizations, data security, digital asset market structure, privacy, research and statistics as well as investor protection and education. HR 3339 - Equal Opportunity for Investors Act, HR 3394 - Fair Investment Opportunities for Professionals Act, and HR 2689.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FRANKLIN TEMPLETON, INC. AND AFFILIATES (FORMERLY FRANKLIN RESOURCES, INC.) · lobbying firm or registrant: FRANKLIN TEMPLETON, INC. AND AFFILIATES (FORMERLY FRANKLIN RESOURCES, INC.)
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Financial Institutions/Investments/Securities
$250,000
Spent on own lobbying
…order (14330) on alternative investments in 401(k)s. Accredited investor reform initiatives including H.R. 3348, the Accredited Investor Definition Review Act, H.R. 3339, the Equal Opportunity for All Investors Act, and H.R. 3394, the Fair Investment Opportunities for Professional Experts Act. Clarifications about restrictions…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
ESHARES, INC. D/B/A CARTA, INC. · lobbying firm or registrant: ESHARES, INC. D/B/A CARTA, INC.
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Financial Institutions/Investments/Securities
$90,000
Spent on own lobbying
…eaders (DEAL) Act of 2025; H.R. 3394, the Fair Investment Opportunities for Professional Experts Act; H.R. 3348, the Accredited Investor Definition Review Act; H.R. 3339, the Equal Opportunity for All Investors Act of 2025; H.R. 3383, the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act of…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FRANKLIN TEMPLETON FUNDS · lobbying firm or registrant: CAPITOL COUNSEL LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 15, 2026 · issue area: Financial Institutions/Investments/Securities
$50,000
Paid to lobbying firm
…nd H.R. 5748, the Retirement Investment Choice Act. Accredited investor reform initiatives, including H.R. 3348, the Accredited Investor Definition Review Act, H.R. 3339, the Equal Opportunity for All Investors Act, and H.R. 3394, the Fair Investment Opportunities for Professional Experts Act.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BLOCKCHAIN ASSOCIATION · lobbying firm or registrant: BLOCKCHAIN ASSOCIATION
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 20, 2026 · issue area: Banking
$520,000
Spent on own lobbying
….1668 End Crypto Corruption Act of 2025 S.2207 Lummis Tax Package S.2296 National Defense Authorization Act for Fiscal Year 2026 H.R.4438 Power of the Mint Act H.R.3339 Equal Opportunity for All Investors Act H.R.2384 Financial Technology Protection Act of 2025 H.R.4394 Compliant Operations of Decentralized Entities (CODE) Act…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BLOCKCHAIN ASSOCIATION · lobbying firm or registrant: BLOCKCHAIN ASSOCIATION
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 20, 2026 · issue area: Financial Institutions/Investments/Securities
$520,000
Spent on own lobbying
….1668 End Crypto Corruption Act of 2025 S.2207 Lummis Tax Package S.2296 National Defense Authorization Act for Fiscal Year 2026 H.R.4438 Power of the Mint Act H.R.3339 Equal Opportunity for All Investors Act H.R.2384 Financial Technology Protection Act of 2025 H.R.4394 Compliant Operations of Decentralized Entities (CODE) Act…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
SOLANA POLICY INSTITUTE · lobbying firm or registrant: SOLANA POLICY INSTITUTE
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · amended · posted Jan 20, 2026 · issue area: Financial Institutions/Investments/Securities
$560,000
Spent on own lobbying
…tory Certainty Act (BRCA); H.R.3633 CLARITY Act; H.R.2978 GUARD Act; S.2207 Lummis Tax Package; S.2296 National Defense Authorization Act for Fiscal Year 2026; H.R.3339 Equal Opportunity for All Investors Act; H.R.2384 Financial Technology Protection Act of 2025; H.R.4394 Compliant Operations of Decentralized Entities (CODE) A…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
SOLANA POLICY INSTITUTE · lobbying firm or registrant: SOLANA POLICY INSTITUTE
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · amended · posted Jan 20, 2026 · issue area: Banking
$560,000
Spent on own lobbying
…tory Certainty Act (BRCA); H.R.3633 CLARITY Act; H.R.2978 GUARD Act; S.2207 Lummis Tax Package; S.2296 National Defense Authorization Act for Fiscal Year 2026; H.R.3339 Equal Opportunity for All Investors Act; H.R.2384 Financial Technology Protection Act of 2025; H.R.4394 Compliant Operations of Decentralized Entities (CODE) A…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BLOCKCHAIN ASSOCIATION · lobbying firm or registrant: GOLDSTEIN POLICY SOLUTIONS LLC
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 20, 2026 · issue area: Banking
$50,000
Paid to lobbying firm
…4, Deploying American Blockchains Act of 2025 H.R. 1919, Anti-CBDC Surveillance State Act H.R. 2032, BITCOIN Act H.R. 2384, Financial Technology Protection Act H.R. 3339, Equal Opportunity for All Investors Act H.R. 3533, Blockchain Regulatory Certainty Act (BRCA) H.R. 3633, CLARITY Act H.R. 3633, Digital Asset Market Clarity A…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BLOCKCHAIN ASSOCIATION · lobbying firm or registrant: GOLDSTEIN POLICY SOLUTIONS LLC
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 20, 2026 · issue area: Commodities (big ticket)
$50,000
Paid to lobbying firm
…to Banking Act H.R. 1664, Deploying American Blockchains Act of 2025 H.R. 1919, Anti-CBDC Surveillance State Act H.R. 2384, Financial Technology Protection Act H.R. 3339, Equal Opportunity for All Investors Act H.R. 3533, Blockchain Regulatory Certainty Act (BRCA) H.R. 3633, CLARITY Act S. 875, FIRM Act S. 954, BITCOIN Act S. 1…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing