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Boosting Entrepreneurship: More Investors for Small Businesses.

This act makes it easier for small businesses to raise capital by increasing the number of potential investors. These changes could lead to more new businesses and job creation, positively impacting local economies and development opportunities for citizens.
Key points
Increases the investor limit for certain companies from 250 to 500 people, making it easier to raise funds.
Raises the asset value threshold from $10 million to $50 million, allowing larger companies to benefit from the same rules.
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Expired
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Additional Information
Print number: 117_S_3976
Sponsor: Sen. Moran, Jerry [R-KS]
Process start date: 2022-03-31
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Expanding American Entrepreneurship Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3976.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-31.

What are the main provisions?

Key points include:

  • Increases the investor limit for certain companies from 250 to 500 people, making it easier to raise funds.
  • Raises the asset value threshold from $10 million to $50 million, allowing larger companies to benefit from the same rules.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Moran, Jerry [R-KS].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Economy Public Investments