118th Congress Finance and Financial Sector
H.R. 6825: ACCESS Act of 2023
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Bill Huizenga R-MIOriginal
- Zachary (Zach) Nunn R-IAOriginal
- Pete Sessions R-TXOriginal
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Other bills by Daniel Meuser
History
- Introduced in the House by Daniel Meuser.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.