Bill Detail

H.R. 3645

Congress: 119

Title

ACCESS Act of 2025

Summary

Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2025 or the ACCESS Act of 2025 This bill expands the exemption from certain disclosures applicable to crowdfunding issuers with specified target offering amounts. (Crowdfunding is used to raise capital through a large number of individuals investing potentially small amounts of money.) Under current law, crowdfunding issuers that have target offering amounts of $100,000 or less are not required to make available financial statements reviewed by an independent public accountant. The bill increases that amount to $250,000 and allows the Securities and Exchange Commission to increase this amount to no more than $400,000 upon recommendation of the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate.

Sponsor

Rep. Daniel Meuser [R-PA-9]

Status

Placed on the Union Calendar, Calendar No. 166.

Status as of Jun 29, 4:13 AM · synced 16h ago

Introduced

2025-05-29

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