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Make it easier for investors to buy and sell shares of private companies on secondary markets.

One policy goal, tracked across every bill that has carried it.

Known asRestoring the Secondary Trading Market Act

What’s happening with Restoring the Secondary Trading Market Act?

The bill H.R. 7127 reached the Union Calendar on March 24, 2026, but has seen no further action since that date. The full House of Representatives must now vote on the measure to move it forward. While reaching the floor is a significant milestone that most bills do not achieve, the limited time available for votes remains the primary constraint.

Updated July 9, 2026 · Generated by AI. Always verify with official sources.

Where it stands

Now carried by Restoring the Secondary Trading Market Act (H.R. 7127 (119th)) →

Legislative Progress

House
Senate
President
Law

Next up: The House · Nothing moves until they act.

How we got here

Every bill that has carried this goal, oldest first.

  1. Died with Congress · Jan 3, 2025

    Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.

  2. Reintroduced · Jan 3, 2025

    Reintroduced from H.R. 2506 (118th), which died when its Congress ended.

    H.R. 2506 (118th)

Vehicles

Who’s behind it

Daniel Meuser (R-PA)Wrote and sponsored the current bill.