# 116-hr-6252: Relief for Small Businesses Through Micro-Offerings Act of 2020

116-hr-6252, Relief for Small Businesses Through Micro-Offerings Act of 2020, is a 116th Congress bill sponsored by Rep. McHenry, Patrick T. [R-NC-10] (R-NC); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6252
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6252
- Congress: 116
- Title: Relief for Small Businesses Through Micro-Offerings Act of 2020
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-03-12
- Sponsor: Rep. McHenry, Patrick T. [R-NC-10] (R-NC)
- Cosponsors: 4
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

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.

## Cosponsors (4)

- Rep. Wagner, Ann [R-MO-2] (R-MO), 2020-03-12T00:00:00.000Z
- Rep. Barr, Andy [R-KY-6] (R-KY), 2020-03-12T00:00:00.000Z
- Rep. Stivers, Steve [R-OH-15] (R-OH), 2020-03-12T00:00:00.000Z
- Rep. Huizenga, Bill [R-MI-4] (R-MI), 2020-03-12T00:00:00.000Z

## Related bills

- 116-hr-6269: Insured Depository Institution Business Continuity Planning Act of 2020
- 116-hr-6254: Gig Economy Infrastructure Act
- 116-hr-6253: Crowdfunding to Combat the Coronavirus Act
- 116-hr-6242: SEC Relief to Slow the Spread of Coronavirus Act of 2020
- 116-hr-6116: Consumer Financial Protection Commission Act
- 116-hr-4692: Countering Turkish Aggression Act of 2019

## Sources
- [116-hr-6252 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6252)

## Related
- [116-hr-6269: Insured Depository Institution Business Continuity Planning Act of 2020](https://policyrisk.com/legislation/116-hr-6269)
- [116-hr-6254: Gig Economy Infrastructure Act](https://policyrisk.com/legislation/116-hr-6254)
- [116-hr-6253: Crowdfunding to Combat the Coronavirus Act](https://policyrisk.com/legislation/116-hr-6253)
- [116-hr-6242: SEC Relief to Slow the Spread of Coronavirus Act of 2020](https://policyrisk.com/legislation/116-hr-6242)
- [116-hr-6116: Consumer Financial Protection Commission Act](https://policyrisk.com/legislation/116-hr-6116)
- [116-hr-4692: Countering Turkish Aggression Act of 2019](https://policyrisk.com/legislation/116-hr-4692)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6252 (as of 2025-11-18).