# 119-hr-3645: ACCESS Act of 2025

119-hr-3645, ACCESS Act of 2025, is a 119th Congress bill sponsored by Rep. Meuser, Daniel [R-PA-9] (R-PA); status in_committee; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-3645
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3645
- Congress: 119
- Title: ACCESS Act of 2025
- Status: in_committee
- Introduced: 2025-05-29
- Sponsor: Rep. Meuser, Daniel [R-PA-9] (R-PA)
- Cosponsors: 4
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Expands access to crowdfunding capital.** The ACCESS Act would raise the point at which a crowdfunded offering must include financial statements reviewed by a public accountant independent of the issuer from $100k to $250k. It would also let the SEC increase that cap to up to $400k after recommendations from the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate. - Small businesses and startups: Could offer up to $250k under the crowdfunding exemption without triggering the independent-accountant review that applied at $100k, reducing upfront accounting burden. - Investors: Would see fewer offerings with independent-accountant reviewed financial statements in the $100k to $250k range. - Accountants and auditors: Fewer small offerings would require independent-accountant reviews, likely lowering demand for that specific review work. - Regulators: Gives the SEC discretionary authority to raise the threshold to as much as $400k, contingent on recommendations from the two advocate offices.

## Cosponsors (4)

- Rep. De La Cruz, Monica [R-TX-15] (R-TX), 2025-05-29T00:00:00.000Z
- Rep. McClain, Lisa C. [R-MI-9] (R-MI), 2025-05-29T00:00:00.000Z
- Rep. Nunn, Zachary [R-IA-3] (R-IA), 2025-05-29T00:00:00.000Z
- Rep. Salazar, Maria Elvira [R-FL-27] (R-FL), 2025-05-29T00:00:00.000Z

## Provisions PRIA read

- Higher review threshold for crowdfunding: mixed, low. If enacted, this bill would raise the dollar level that triggers a reviewed financial statement in SEC crowdfunding. The trigger would move from $100,000 to $250,000 per offering. The SEC could later raise it to as much as $400,000, but only with recommendations from the Office of the Advocate for…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026
- 119-hr-1329: Smithsonian American Women’s History Museum Act
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025

## Sources
- [119-hr-3645 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3645)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026](https://policyrisk.com/legislation/119-hr-10184)
- [119-hr-1329: Smithsonian American Women’s History Museum Act](https://policyrisk.com/legislation/119-hr-1329)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3645 (as of 2026-04-21).