| 1 | 1 | | II |
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| 2 | 2 | | 118THCONGRESS |
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| 3 | 3 | | 2 |
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| 4 | 4 | | DSESSION S. 3710 |
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| 5 | 5 | | To amend the Securities Act of 1933 with respect to small company capital |
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| 6 | 6 | | formation, and for other purposes. |
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| 7 | 7 | | IN THE SENATE OF THE UNITED STATES |
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| 8 | 8 | | JANUARY31, 2024 |
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| 9 | 9 | | Mr. B |
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| 10 | 10 | | UDD(for himself and Mr. BRAUN) introduced the following bill; which |
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| 11 | 11 | | was read twice and referred to the Committee on Banking, Housing, and |
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| 12 | 12 | | Urban Affairs |
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| 13 | 13 | | A BILL |
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| 14 | 14 | | To amend the Securities Act of 1933 with respect to small |
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| 15 | 15 | | company capital formation, and for other purposes. |
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| 16 | 16 | | Be it enacted by the Senate and House of Representa-1 |
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| 17 | 17 | | tives of the United States of America in Congress assembled, 2 |
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| 18 | 18 | | SECTION 1. SHORT TITLE. 3 |
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| 19 | 19 | | This Act may be cited as the ‘‘Regulation A+ Im-4 |
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| 20 | 20 | | provement Act of 2024’’. 5 |
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| 21 | 21 | | SEC. 2. JOBS ACT-RELATED EXEMPTION. 6 |
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| 22 | 22 | | Section 3(b) of the Securities Act of 1933 (15 U.S.C. 7 |
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| 23 | 23 | | 77c(b)) is amended— 8 |
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| 24 | 24 | | (1) in paragraph (2)(A), by striking 9 |
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| 25 | 25 | | ‘‘$50,000,000’’ and inserting ‘‘$150,000,000, ad-10 |
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| 26 | 26 | | VerDate Sep 11 2014 04:40 Feb 03, 2024 Jkt 049200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S3710.IS S3710 |
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| 27 | 27 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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| 28 | 28 | | •S 3710 IS |
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| 29 | 29 | | justed for inflation by the Commission every 2 years 1 |
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| 30 | 30 | | to the nearest $10,000 to reflect the change in the 2 |
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| 31 | 31 | | Consumer Price Index for All Urban Consumers 3 |
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| 32 | 32 | | published by the Bureau of Labor Statistics’’; and 4 |
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| 33 | 33 | | (2) in paragraph (5)— 5 |
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| 34 | 34 | | (A) by striking ‘‘such amount as’’ and in-6 |
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| 35 | 35 | | serting: ‘‘such amount, in addition to the ad-7 |
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| 36 | 36 | | justment for inflation provided for under such 8 |
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| 37 | 37 | | paragraph (2)(A), as’’; and 9 |
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| 38 | 38 | | (B) by striking ‘‘such amount, it’’ and in-10 |
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| 39 | 39 | | serting ‘‘such amount, in addition to the adjust-11 |
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| 40 | 40 | | ment for inflation provided for under such 12 |
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| 41 | 41 | | paragraph (2)(A), it’’. 13 |
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| 42 | 42 | | Æ |
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| 43 | 43 | | VerDate Sep 11 2014 04:40 Feb 03, 2024 Jkt 049200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S3710.IS S3710 |
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| 44 | 44 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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