HR 6825
118th Congress
House
Finance and Financial Sector
ACCESS Act of 2023
Introduced: December 14, 2023
Introduced by:
Meuser, Daniel
Republican
· Pennsylvania
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 14, 2023
Referred to the House Committee on Financial Services.
Dec 14, 2023
Introduced in House
Plain-English summary
Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2023 or the ACCESS Act of 2023
This bill expands the exemption from certain disclosures applicable to crowdfunding issuers with specified target offering amounts. Crowdfunding is used to raise capital through a large number of individuals investing potentially small amounts of money. Under current law, crowdfunding issuers that have target offering amounts of $100,000 or less are not required to make available financial statements reviewed by an independent public accountant. The bill increases that amount to $250,000.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1