H.R. 7834 — Introduced in House

I 116th CONGRESS 2d Session H. R. 7834 IN THE HOUSE OF REPRESENTATIVES July 29, 2020Mr. Hollingsworth introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes. 1. Short title This Act may be cited as the Regulation A+ Improvement Act of 2020. 2. Jobs act-related exemption Section 3(b) of the Securities Act of 1933 (15 U.S.C. 77c(b)) is amended— (1) in paragraph (2)(A), by striking $50,000,000 and inserting $75,000,000, adjusted for inflation by the Commission every 2 years to the nearest $10,000 to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics; and (2) in paragraph (5)— (A) by striking such amount as and inserting: such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), as; and (B) by striking such amount, it and inserting such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), it.