summary
Introduced
03/24/2022
03/24/2022
In Committee
03/24/2022
03/24/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To permit the Securities and Exchange Commission to in- crease regulatory exemption thresholds, and for other purposes.
AI Summary
This bill, the Increasing Opportunities for Retail Investors Act, allows the Securities and Exchange Commission (SEC) to increase certain regulatory dollar thresholds and limitations to reduce obligations or restrictions on entities. It amends the Securities Act of 1933 to increase the exemption threshold for certain offerings from $50 million to $75 million, adjusting it for inflation every two years. The bill also increases the limit on the amount that can be sold under the crowdfunding exemption from $1 million to $5 million and clarifies the transaction caps for crowdfunding offerings.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 03/24/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/3916/all-info | 03/25/2022 |
| BillText | https://www.congress.gov/117/bills/s3916/BILLS-117s3916is.pdf | 03/26/2022 |
| Bill | https://www.congress.gov/117/bills/s3916/BILLS-117s3916is.pdf.pdf | 03/26/2022 |
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