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

The text of the bill below is as of Feb 2, 2018 (Reported by House Committee).


IB

Union Calendar No. 409

115th CONGRESS

2d Session

H. R. 4263

[Report No. 115–544]

IN THE HOUSE OF REPRESENTATIVES

November 7, 2017

introduced the following bill; which was referred to the Committee on Financial Services

February 2, 2018

Additional sponsors: Ms. Sinema, Mr. Hollingsworth, Mr. Stivers, and Mr. Gottheimer

February 2, 2018

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed


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 At 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.

February 2, 2018

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed