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Regulation A+ Improvement Act of 2026
To amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes.
Summary
This bill amends the Securities Act of 1933 to increase limits on small company capital formation under Regulation A+. The bill raises the offering limit from $50 million to $150 million for small companies seeking to raise capital. The bill also requires the Securities and Exchange Commission to adjust these limits every two years for inflation based on the Consumer Price Index. The inflation adjustment applies to both the primary offering limit and related regulatory thresholds. These changes are intended to facilitate capital raising for small companies.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Budd, Ted [R-NC] (R-NC)
Actions (2)
- Mar 24, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
- Mar 24, 2026 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
March 24, 2026
Mr. Budd introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
A BILL
To amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Regulation A+ Improvement Act of 2026”.
SEC. 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 “$150,000,000, 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”. <all>
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