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Regulation A+ Improvement Act of 2017
(Sec. 2) This bill amends the Securities Act of 1933 to increase the dollar limit of certain securities offerings exempt from registration requirements from $50 million annually to $75 million annually, adjusted in future years for inflation.
Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs
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,
This Act may be cited as the “Regulation A+ Improvement Act of 2017”.
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
(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,|