Congress·Reported·H.R. 3673

Small Business Investment: Raising the SEC Registration Limit

Small Business Investor Capital Access Act

Legislative Progress

House

Senate

President

Law

This bill increases the amount of money small investment firms can manage before they have to register with the government. Currently, firms managing less than $150 million in private funds can skip certain paperwork; this bill would raise that limit to $175 million.
By raising this limit, smaller firms can avoid the high costs and time-consuming rules required by the government. Supporters believe this will help these firms focus more of their money and energy on investing in small businesses and new startups rather than filling out forms.
The bill also requires the government to update this $175 million limit every five years to keep up with the rising cost of living. This ensures that as prices go up over time, small investment firms aren't forced into expensive regulations just because the value of money has changed.

3 milestones6 actions

Sep 8, 2025House

Placed on the Union Calendar, Calendar No. 211.

Sep 8, 2025House

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-254.

Jul 22, 2025House

Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 2.

Jul 22, 2025House

Committee Consideration and Mark-up Session Held

Jun 3, 2025House

Referred to the House Committee on Financial Services.

1 bill

Small Business Investor Capital Access Act

Feb 12 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Document Type

Congressional Bill

Official Title

Small Business Investor Capital Access Act

Bill NumberHR 3673

Congress119th Congress

ChamberHouse of Representatives

Latest ActionPlaced on the Union Calendar, Calendar No. 211.

(1)

D: 1

Congress.gov

Official legislative information

Analysis generated by AI. Always verify with official sources.