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H.R. 4263 (115th): Regulation A+ Improvement Act of 2017

The text of the bill below is as of Mar 15, 2018 (Passed the House).


IB

115th CONGRESS

2d Session

H. R. 4263

IN THE HOUSE OF REPRESENTATIVES

AN ACT

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 2017.

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.

Passed the House of Representatives March 15, 2018.

Karen L. Haas,

Clerk.