About the bill
H.R. 2864 would allow SEC reporting companies, which already meet the SEC’s ongoing disclosure requirements, to be able to take advantage of Regulation A+. The JOBS Act created a Regulation A+ offering exemption to allow small companies to raise up to $50 million online, directly from the public without a full SEC public offering. Regulation A+ offerings are publicly filed with the SEC, and allow investors and regulators a view into the company’s financial disclosures. The regulation did not allow companies that are currently reporting the SEC to take advantage of this type of offering exemption. H.R. 2864 would allow those companies to take advantage of Regulation A+ offering exemptions.
Sponsor and status
Sponsor. Representative for Arizona's 9th congressional district. Democrat.
Last Updated: Sep 6, 2017
Length: 2 pages
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on September 5, 2017 but was never passed by the Senate.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
5 Cosponsors (4 Republicans, 1 Democrat)
What legislators are saying
H.R. 2864 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 2864. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2021). H.R. 2864 — 115th Congress: Improving Access to Capital Act. Retrieved from https://www.govtrack.us/congress/bills/115/hr2864
“H.R. 2864 — 115th Congress: Improving Access to Capital Act.” www.GovTrack.us. 2017. September 25, 2021 <https://www.govtrack.us/congress/bills/115/hr2864>
Improving Access to Capital Act, H.R. 2864, 115th Cong. (2017).
|title=H.R. 2864 (115th)
|accessdate=September 25, 2021
|author=115th Congress (2017)
|date=June 8, 2017
|quote=Improving Access to Capital Act
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.