Section 1 Short title
This Act may be cited as the “Regulation A+ Improvement Act of 2025”.
Regulation A+ Improvement Act of 2025
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 (1), by striking “$5,000,000” and inserting “$50,000,000, including not more than $12,000,000 offered by all selling security holders that are affiliates of the issuer, as such dollar amounts are adjusted for inflation by the Commission every 5 years, by notice published in the Federal Register, 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”;
in paragraph (2)(A), by striking “$50,000,000” and inserting “$150,000,000, including not more than $50,000,000 offered by all selling security holders that are affiliates of the issuer, as such dollar amounts are adjusted for inflation by the Commission every 5 years, by notice published in the Federal Register, 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”.