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Titles (1)

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Securities Act of 1933 to provide an exemption for certain micro-offering transactions, and for other purposes.


Actions Overview (1)

Date Actions Overview
03/12/2020Introduced in House

All Actions (2)

Date All Actions
03/12/2020Referred to the House Committee on Financial Services.
Action By: House of Representatives
03/12/2020Introduced in House
Action By: House of Representatives

Cosponsors (4)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Wagner, Ann [R-MO-2]* 03/12/2020
Rep. Barr, Andy [R-KY-6]* 03/12/2020
Rep. Stivers, Steve [R-OH-15]* 03/12/2020
Rep. Huizenga, Bill [R-MI-2]* 03/12/2020

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services03/12/2020 Referred to

As of 12/11/2020 no related bill information has been received for H.R.6252 - Relief for Small Businesses Through Micro-Offerings Act of 2020


Subjects (6)


Latest Summary (1)

There is one summary for H.R.6252. View summaries

Shown Here:
Introduced in House (03/12/2020)

Relief for Small Businesses Through Micro-Offerings Act of 2020

This bill temporarily exempts certain securities offerings from the registration requirements of the Securities and Exchange Commission (SEC). Specifically, securities offerings are exempt from these registration requirements if (1) the aggregate amount of securities sold to all investors by the issuer is not more than $250,000, (2) the amount sold to any investor by the issuer does not exceed $5,000, and (3) the transaction is conducted through a registered broker or funding portal. This exemption ends three years after the date of enactment.

The SEC may by rule prohibit a person from engaging in such an offering if the person is subject to certain bad-actor or statutory disqualifications.

The Government Accountability Office must report on the impact of this exemption.