# 119-s-4170: Regulation A+ Improvement Act of 2026

119-s-4170, Regulation A+ Improvement Act of 2026, is a 119th Congress bill sponsored by Sen. Budd, Ted [R-NC] (R-NC); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-4170
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4170
- Congress: 119
- Title: Regulation A+ Improvement Act of 2026
- Status: introduced
- Introduced: 2026-03-24
- Sponsor: Sen. Budd, Ted [R-NC] (R-NC)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Raises the Regulation A offering cap to $150 million and requires the SEC to auto-adjust it for inflation.** This change expands how much small companies can raise through the JOBS Act exemption while keeping adjustment rules tied to the Consumer Price Index for All Urban Consumers.

## Provisions PRIA read

- Higher exempt offering cap for small businesses: benefit, high. If enacted, the bill would raise the Regulation A base offering cap from $50 million to $150 million. The SEC would adjust that $150 million for inflation every two years using the Consumer Price Index for All Urban Consumers, and each increase would be rounded to the nearest $10,000. The bill woul…

## Related bills

- 119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-4378: Protecting American Taxpayers Act
- 119-s-4328: FLEX Act
- 119-s-4065: STAND with Taiwan Act of 2026

## Sources
- [119-s-4170 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4170)

## Related
- [119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3923)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-4378: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4378)
- [119-s-4328: FLEX Act](https://policyrisk.com/legislation/119-s-4328)
- [119-s-4065: STAND with Taiwan Act of 2026](https://policyrisk.com/legislation/119-s-4065)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4170 (as of 2026-04-21).