This bill has advanced since we wrote our summary.
Current stage on Congress.gov: Reported in House.
Small companies looking to raise money from investors without going through a full, expensive SEC registration would be able to raise significantly more under this bill. It increases the cap on "Regulation A" offerings — a simplified fundraising path created by the JOBS Act — from $50 million to $150 million, and raises the smaller-tier exemption from $5 million to $50 million. Both thresholds would be adjusted for inflation going forward. The change is designed to help growing businesses access capital without the cost and complexity of a traditional public offering.
Corporate Benefits
- Regulation A Tier 2 offering cap — Raised from $50M to $150M
- Regulation A Tier 1 offering cap — Raised from $5M to $50M
- Inflation indexing — Both caps adjusted every 5 years to CPI
- SEC registration review for covered offerings — Larger raises remain exempt under the simplified path
Congressional Summary
This bill increases the aggregate dollar limit of certain securities offerings exempt from registration requirements (i.e., Regulation A+ offerings) from $50 million annually to $150 million annually, adjusted in future years for inflation.
Legislative Subjects
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Placed on the Union Calendar, Calendar No. 451.
- Action Date
- 2026-02-25
- Date Added
- 2026-04-06
- Source
- Congress.gov →
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