H.R. 3645: Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2025

This bill is called the Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2025, or the ACCESS Act of 2025. Its main purpose is to adjust certain financial regulations related to crowdfunding, which is a popular method for small businesses to raise capital from individual investors online.

Key Provisions of the Bill

The bill proposes to increase a financial threshold that determines when a small business must have its financial statements reviewed by an independent public accountant. Currently, under the Securities Act of 1933, this threshold is set at $100,000. The new bill would raise this threshold to $500,000.

Implications of the Threshold Change

By increasing this threshold, small businesses would have a higher limit on the amount they can raise through crowdfunding without having to undergo a formal review of their financial statements by an independent auditor. This could make it easier and more affordable for smaller companies to access funding.

Technical Corrections

The bill also includes technical corrections to reference the proper sections within the Securities Act of 1933. This ensures clarity and accuracy in the legal language regarding the crowdfunding exemption.

Overall Impact

The bill aims to support small businesses by easing some of the financial regulatory burdens associated with crowdfunding. By raising the financial threshold for independent reviews, it seeks to help facilitate capital raising while still maintaining some level of oversight for larger fundraising efforts.

Relevant Companies

None found