HR 3645 ยท ACCESS Act of 2025
Placed on the Union Calendar, Calendar No. 166.
- Introduced
- May 29, 2025
- Latest action
- Jul 15, 2025
- Sponsor
- Rep. Daniel Meuser [R-PA-9]
- Policy area
- Finance and Financial Sector
- Cosponsors
- 4
Summary
Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2025 or the ACCESS Act of 2025 This bill expands the exemption from certain disclosures applicable to crowdfunding issuers with specified target offering amounts. (Crowdfunding is used to raise capital through a large number of individuals investing potentially small amounts of money.) Under current law, crowdfunding issuers that have target offering amounts of $100,000 or less are not required to make available financial statements reviewed by an independent public accountant. The bill increases that amount to $250,000 and allows the Securities and Exchange Commission to increase this amount to no more than $400,000 upon recommendation of the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate.
Recent actions
- Jul 15, 2025 Placed on the Union Calendar, Calendar No. 166.
- Jul 15, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-203.
- Jul 15, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-203.
- Jun 10, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
- Jun 10, 2025 Committee Consideration and Mark-up Session Held
- May 29, 2025 Referred to the House Committee on Financial Services.
- May 29, 2025 Introduced in House
- May 29, 2025 Introduced in House
Votes
No recorded votes are available for this bill.