Congress·Reported·H.R. 3645

Crowdfunding: Higher Limits for Small Business Fundraising

ACCESS Act of 2025

Legislative Progress

House

Senate

President

Law

This bill changes the rules for "crowdfunding," which is when a small business raises money from many regular people online. It aims to make this process cheaper and easier for startups by cutting down on required paperwork.
Right now, if a business wants to raise more than $100,000 this way, they must pay an outside professional to check their financial books. This bill raises that limit to $250,000, so businesses can raise more money before they have to pay for those expensive reviews.
The goal is to help small businesses keep more of the money they raise so they can use it to hire workers or buy equipment. Hiring an outside expert to check records can cost thousands of dollars that a brand-new company might not have.
In the future, the government could raise this limit even higher—up to $400,000—if they decide it is safe for investors and helpful for small companies.

3 milestones6 actions

Jul 15, 2025House

Placed on the Union Calendar, Calendar No. 166.

Jul 15, 2025House

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-203.

Jun 10, 2025House

Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.

Jun 10, 2025House

Committee Consideration and Mark-up Session Held

May 29, 2025House

Referred to the House Committee on Financial Services.

1 bill

ACCESS Act of 2026

Jan 15 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Document Type

Congressional Bill

Official Title

ACCESS Act of 2025

Bill NumberHR 3645

Congress119th Congress

ChamberHouse of Representatives

Latest ActionPlaced on the Union Calendar, Calendar No. 166.

(4)

R: 4

Congress.gov

Official legislative information

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