Section 1 Short title
This Act may be cited as the “Regulation A+ Improvement Act of 2020”.
Regulation A+ Improvement Act of 2020
A BILL
To amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes.
Sec. 2 Jobs act-related exemption
Section 3(b) of the Securities Act of 1933 (15 U.S.C. 77c(b)) is amended—
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
in paragraph (5)—
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
by striking “such amount, it” and inserting “such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), it”.