arrow_back Back to App

Small Business Support: Easier Crowdfunding Capital Raising

New rules make it easier for small businesses to raise money from many small investors (crowdfunding). The amount up to which companies do not need to provide detailed financial statements has been increased, reducing costs and speeding up the process. This could mean more opportunities for new businesses and innovation.
Key points
Companies can raise up to $250,000 through crowdfunding without requiring a financial audit, up from $100,000.
The Commission can further increase this limit to $400,000, providing even greater flexibility for small businesses.
Reduced bureaucratic burden for small businesses, potentially accelerating their growth and job creation.
article Official text account_balance Process page
Placed on Calendar
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3645
Sponsor: Rep. Meuser, Daniel [R-PA-9]
Process start date: 2025-05-29
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

ACCESS Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3645.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-05-29.

What are the main provisions?

Key points include:

  • Companies can raise up to $250,000 through crowdfunding without requiring a financial audit, up from $100,000.
  • The Commission can further increase this limit to $400,000, providing even greater flexibility for small businesses.
  • Reduced bureaucratic burden for small businesses, potentially accelerating their growth and job creation.
What is the specific legal status?

The current status is Placed on Calendar.

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 Rep. Meuser, Daniel [R-PA-9].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 166.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Economy