HR-6541 — Regulation A+ Improvement Act of 2025

YourVoice.Now Summary

Corporate BenefitsTransparency & Accountability

Companies could raise three times as much from investors — up to $150 million — with less SEC paperwork.

Corporate Benefits

Stock sales without full SEC registration — $50 million to $150 million

Regulation A lets a company sell stock to the public with lighter paperwork than full registration. The cap covers all such sales in any 12-month period.

Limit for small stock offerings — $5 million to $50 million

Another part of the law lets the SEC skip registration for small deals. Ten times as much money could be raised that way.

Company insiders selling their own shares — up to $50 million

Owners, officers, and other insiders may sell their own shares as part of these deals. The bill caps that at $50 million in the larger type and $12 million in the smaller one.

Inflation increases for both fundraising caps — every five years

The SEC would raise both dollar limits every five years to match the Consumer Price Index. It would publish each new figure in the Federal Register, rounded to the nearest $10,000.

SEC may raise the cap further — beyond inflation increases

The SEC already reviews the larger limit every two years and can raise it. The bill says that increase comes on top of the inflation update, not instead of it.

Transparency & Accountability

Information companies must give buyers — deals up to $150 million

Companies on this path still send the SEC yearly financial reports, checked by an outside auditor. A full registration asks for more. Bigger deals could now skip it.

More about this bill

Most people would see no change in daily life. This matters most if you own a business and want to raise money from investors. A company could sell up to $150 million in stock without a full SEC registration. The limit today is $50 million. These deals use a simpler path known as Regulation A. A second, smaller limit under it would go from $5 million to $50 million. Company insiders could also sell their own shares in these deals. Up to $50 million of a large offering could come from them. Both dollar limits would rise with inflation every five years. Buyers in the larger deals would still get audited yearly financial reports. A full registration would require more information from the company. The House committee has approved the bill, but it is not law yet.

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

Bank accounts, deposits, capitalBanking and financial institutions regulationInflation and pricesSecurities

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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