HR6541119th CongressWALLET

Regulation A+ Improvement Act of 2025

Sponsored By: Representative Stutzman

In Committee

Summary

Raises offering thresholds and affiliate caps for Regulation A+ to let smaller issuers raise more capital. It would change Section 3(b) of the Securities Act to increase the size of exempt offerings and to tie those dollar limits to inflation with regular updates.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Bigger Regulation A offering limits

If enacted, the bill would raise Regulation A offering caps. It would change paragraph (1) from $5 million to $50 million. It would change paragraph (2)(A) from $50 million to $150 million. The bill would limit affiliate selling holders to no more than $12 million under paragraph (1) and $50 million under paragraph (2)(A). The Securities and Exchange Commission would adjust these dollar amounts for inflation every five years. Adjustments would use the CPI‑U, be published in the Federal Register, and be rounded to the nearest $10,000. The bill would also make the paragraph (5) amount subject to the same inflation rule. If enacted, these changes would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

Stutzman

IN • R

Cosponsors

  • Davidson

    OH • R

    Sponsored 12/16/2025

Roll Call Votes

No roll call votes available for this bill.

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