H.R. 2651 – Reading Mode

118th CONGRESS

1st Session

H. R. 2651

IN THE HOUSE OF REPRESENTATIVES

April 17, 2023

Mrs. Houchin introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes.

Short title

This Act may be cited as the Regulation A+ Improvement Act of 2023.

JOBS Act-related exemption

Section 3(b) of the Securities Act of 1933 (15 U.S.C. 77c(b)) is amended—

(1)

in paragraph (2)(A), by striking $50,000,000 and inserting $150,000,000, adjusted for inflation by the Commission every 2 years to the nearest $10,000 to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics; and

(2)

in paragraph (5)—

(A)

by striking such amount as and inserting: such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), as; and

(B)

by striking such amount, it and inserting such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), it.