[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 3710 Introduced in Senate (IS)]

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118th CONGRESS
  2d Session
                                S. 3710

   To amend the Securities Act of 1933 with respect to small company 
               capital formation, and for other purposes.


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                   IN THE SENATE OF THE UNITED STATES

                            January 31, 2024

  Mr. Budd (for himself and Mr. Braun) introduced the following bill; 
which was read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

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                                 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 
2024''.

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''.
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