Regulation A+ Improvement Act of 2020

Bill: 116-hr-7834
Sponsor: full_name: Rep. Hollingsworth, Trey [R-IN-9]
Introduced: 2020-07-29
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures

Inflation and prices

Licensing and registrations

Securities

Securities and Exchange Commission (SEC)
Latest action: action_date: 2020-07-29
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2020-07-29
action_desc: Introduced in House
text: <p><b>Regulation A+ Improvement Act of 2020</b></p> <p>This bill increases the dollar limit of certain securities offerings exempt from registration requirements from $50 million annually to $75 million annually, adjusted in future years for inflation. </p>

tv_txt: I 116th CONGRESS 2d Session H. R. 7834 IN THE HOUSE OF REPRESENTATIVES July 29, 2020 Mr. Hollingsworth introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes.

1. Short title This Act may be cited as the Regulation A+ Improvement Act of 2020 . 2. Jobs act-related exemption Section 3(b) of the Securities Act of 1933 ( 15 U.S.C. 77c(b) ) is amended— (1) in paragraph (2)(A), by striking $50,000,000 and inserting $75,000,000, adjusted for inflation by the Commission every 2 years to the nearest $10,000 to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics ; and (2) in paragraph (5)— (A) by striking such amount as and inserting: such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), as ; and (B) by striking such amount, it and inserting such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), it .