HR6541
On Union Calendar
Regulation A+ Improvement Act of 2025
- Federal
- House
- Introduced Dec 9, 2025
- Session 119
Bill Text
Version RHThis Act may be cited as the Regulation A+ Improvement Act of 2025.
Section 3(b) of the Securities Act of 1933 (15 U.S.C. 77c(b)) is amended—
in paragraph (1), by striking $5,000,000 and inserting $50,000,000, including not more than $12,000,000 offered by all selling security holders that are affiliates of the issuer, as such dollar amounts are adjusted for inflation by the Commission every 5 years, by notice published in the Federal Register, 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;
in paragraph (2)(A), by striking $50,000,000 and inserting $150,000,000, including not more than $50,000,000 offered by all selling security holders that are affiliates of the issuer, as such dollar amounts are adjusted for inflation by the Commission every 5 years, by notice published in the Federal Register, 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
in paragraph (5)—
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
by striking such amount, it and inserting such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), it.
Section 3(b) of the Securities Act of 1933 (15 U.S.C. 77c(b)) is amended—
in paragraph (1), by striking $5,000,000 and inserting $50,000,000, including not more than $12,000,000 offered by all selling security holders that are affiliates of the issuer, as such dollar amounts are adjusted for inflation by the Commission every 5 years, by notice published in the Federal Register, 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;
in paragraph (2)(A), by striking $50,000,000 and inserting $150,000,000, including not more than $50,000,000 offered by all selling security holders that are affiliates of the issuer, as such dollar amounts are adjusted for inflation by the Commission every 5 years, by notice published in the Federal Register, 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
in paragraph (5)—
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
by striking such amount, it and inserting such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), it.
Legislative Timeline
9 actions-
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-526.
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Reported (Amended) by the Committee on Financial Services. H. Rept. 119-526.
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Placed on the Union Calendar, Calendar No. 451.
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Committee Consideration and Mark-up Session Held
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Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.
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Committee Consideration and Mark-up Session Held
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Introduced in House
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Introduced in House
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Referred to the House Committee on Financial Services.