Us Congress 2023-2024 Regular Session

Us Congress House Bill HB2651 Compare Versions

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11 I
22 118THCONGRESS
33 1
44 STSESSION H. R. 2651
55 To amend the Securities Act of 1933 with respect to small company capital
66 formation, and for other purposes.
77 IN THE HOUSE OF REPRESENTATIVES
88 APRIL17, 2023
99 Mrs. H
1010 OUCHINintroduced the following bill; which was referred to the
1111 Committee on Financial Services
1212 A BILL
1313 To amend the Securities Act of 1933 with respect to small
1414 company capital formation, and for other purposes.
1515 Be it enacted by the Senate and House of Representa-1
1616 tives of the United States of America in Congress assembled, 2
1717 SECTION 1. SHORT TITLE. 3
1818 This Act may be cited as the ‘‘Regulation A+ Im-4
1919 provement Act of 2023’’. 5
2020 SEC. 2. JOBS ACT-RELATED EXEMPTION. 6
2121 Section 3(b) of the Securities Act of 1933 (15 U.S.C. 7
2222 77c(b)) is amended— 8
2323 (1) in paragraph (2)(A), by striking 9
2424 ‘‘$50,000,000’’ and inserting ‘‘$150,000,000, ad-10
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2727 •HR 2651 IH
2828 justed for inflation by the Commission every 2 years 1
2929 to the nearest $10,000 to reflect the change in the 2
3030 Consumer Price Index for All Urban Consumers 3
3131 published by the Bureau of Labor Statistics’’; and 4
3232 (2) in paragraph (5)— 5
3333 (A) by striking ‘‘such amount as’’ and in-6
3434 serting: ‘‘such amount, in addition to the ad-7
3535 justment for inflation provided for under such 8
3636 paragraph (2)(A), as’’; and 9
3737 (B) by striking ‘‘such amount, it’’ and in-10
3838 serting ‘‘such amount, in addition to the adjust-11
3939 ment for inflation provided for under such 12
4040 paragraph (2)(A), it’’. 13
4141 Æ
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