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US HB3645
Bill
Status
5/29/2025
Primary Sponsor
Dan Meuser
Click for details
AI Summary
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Raises the crowdfunding offering threshold requiring independent public accountant review of financial statements from $100,000 to $250,000, amending Section 4A of the Securities Act of 1933
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Grants the SEC discretionary authority to further increase this threshold up to $400,000 upon recommendation from both the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate
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Makes technical corrections to update statutory references from "section 4(6)" to "section 4(a)(6)" and from "section 4(6)(B)" to "section 4(a)(6)(B)" throughout Section 4A
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Introduced May 29, 2025 by Rep. Meuser and reported with amendments from the House Financial Services Committee on July 15, 2025
Legislative Description
ACCESS Act of 2025 Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2025
Finance and financial sector
Last Action
Placed on the Union Calendar, Calendar No. 166.
7/15/2025