Text: H.R.4263 — 115th Congress (2017-2018)All Information (Except Text)

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Referred in Senate (03/19/2018)


115th CONGRESS
2d Session
H. R. 4263


IN THE SENATE OF THE UNITED STATES

March 19, 2018

Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs


AN ACT

To amend the Securities Act of 1933 with respect to small company capital formation, 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 “Regulation A+ Improvement Act of 2017”.

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 “$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

(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”.

Passed the House of Representatives March 15, 2018.

    Attest: karen l. haas,   
    Clerk