Regulation A+ Improvement Act of 2024

Bill: 118-s-3710
Sponsor: full_name: Sen. Budd, Ted [R-NC]
Introduced: 2024-01-31
Policy area: Finance and Financial Sector
Latest action: action_date: 2024-01-31
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2024-01-31
action_desc: Introduced in Senate
text: <p><strong>Regulation A+ Improvement Act of 2024</strong></p><p>This bill increases the dollar limit of certain securities offerings exempt from registration requirements from $50 million annually to $150 million annually, adjusted in future years for inflation.</p>

tv_txt: II 118th CONGRESS 2d Session S. 3710 IN THE SENATE OF THE UNITED STATES January 31, 2024 Mr. Budd (for himself and Mr. Braun ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs 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 2024 . 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 $150,000,000, 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 .