US Codex
Bill
Notes

Regulation A+ Improvement Act of 2024

S. 3710 · 118th Congress · Jan 31, 2024 · Lineage

A BILL

To amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes.

Section 1 Short title

This Act may be cited as the “Regulation A+ Improvement Act of 2024”.

Sec. 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 “$150,000,000, 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”.