[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3645 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 3645

   To amend the Securities Act of 1933 to raise the offering amount 
    threshold for when issuers using the crowdfunding exemption are 
 required to file financial statements reviewed by a public accountant 
       who is independent of the issuer, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 29, 2025

  Mr. Meuser (for himself, Ms. De La Cruz, Mrs. McClain, Mr. Nunn of 
    Iowa, and Ms. Salazar) introduced the following bill; which was 
            referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
   To amend the Securities Act of 1933 to raise the offering amount 
    threshold for when issuers using the crowdfunding exemption are 
 required to file financial statements reviewed by a public accountant 
       who is independent of the issuer, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Amendment for Crowdfunding Capital 
Enhancement and Small-business Support Act of 2025'' or the ``ACCESS 
Act of 2025''.

SEC. 2. OFFERING THRESHOLD FOR REVIEWS BY PUBLIC ACCOUNTANT.

    (a) In General.--Section 4A(b)(1)(D) of the Securities Act of 1933 
(15 U.S.C. 77d-1(b)(1)(D)) is amended by striking ``$100,000'' each 
place such term appears and inserting ``$500,000''.
    (b) Technical Correction.--Section 4A of the Securities Act of 1933 
(15 U.S.C. 77d-1) is amended--
            (1) by striking ``section 4(6)'' each place such term 
        appears and inserting ``section 4(a)(6)''; and
            (2) by striking ``section 4(6)(B)'' each place such term 
        appears and inserting ``section 4(a)(6)(B)''.
                                 <all>