Small Business Investor Capital Access Act
Sponsored By: Representative Barr
In Committee
Summary
Raises the SEC registration exemption for private fund advisers. This bill would raise the dollar threshold and require periodic inflation adjustments to change who must register with the Securities and Exchange Commission.
Show full summary
- Private fund investment advisers: Would let more advisers qualify for the SEC registration exemption by raising the threshold from $150 million to $175 million.
- Securities and Exchange Commission: Would be required to adjust that dollar amount every 5 years using the Consumer Price Index for All Urban Consumers and round the figure to the nearest $1,000,000.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Higher exemption for private fund advisers
If enacted, this bill would raise the SEC registration exemption for private fund advisers from $150 million to $175 million. It would take effect upon enactment. Every five years, the SEC would adjust the amount for inflation using the CPI for urban consumers and round to the nearest $1 million. This could let more small private‑fund advisers avoid SEC registration.
Sponsors & CoSponsors
Sponsor
Barr
KY • R
Cosponsors
Rep. Velázquez, Nydia M. [D-NY-7]
NY • D
Sponsored 6/3/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov