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Increased Capital Raising Opportunities for Small Businesses

This act raises the capital raising limit for small companies from $50 million to $150 million, with inflation adjustments. This means small businesses will have easier access to larger financial resources, potentially fostering their growth and job creation. For citizens, this could lead to greater availability of innovative products and services and a more stable economy.
Key points
Increases the capital raising limit for small companies from $50 million to $150 million.
Introduces regular inflation adjustments to the limit, ensuring its relevance.
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Status:
Expired
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Additional Information
Print number: 118_HR_2651
Sponsor: Rep. Houchin, Erin [R-IN-9]
Process start date: 2023-04-17