Regulation A+ Improvement Act of 2025
Congress moves to let small companies raise up to $150 million under Regulation A+, with inflation updates
Legislative Progress
Key Points
- Raises the cap for certain small-company public fundraising from $50 million to $150 million.
- Requires the Securities and Exchange Commission to adjust that $150 million limit for inflation every 2 years, using the Consumer Price Index.
- Makes sure any other limit changes the SEC makes stack on top of the inflation adjustment, not instead of it.
- Practical impact: growing companies could raise more money from investors without doing a full traditional public offering, which may help expansion and hiring.
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Milestones
Placed on the Union Calendar, Calendar No. 451.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-526.
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee Consideration and Mark-up Session Held
Committee Consideration and Mark-up Session Held
Votes
No votes have been recorded for this legislation yet.
Related News
3 articles
Congress Pushes Forward Market Structure Legislation, FDIC Proposes Stablecoin Application Procedures and SEC Hosts Privacy Roundtable and Issues Broker-Dealer Statement
Roundup notes House Financial Services Committee advanced H.R. 6541, increasing the Regulation A+ offering limit to $150M, alongside other capital-formation measures.

Financial services update – Q4 2025
Update summarizes House Financial Services Committee action on H.R. 6541 and describes the bill’s expansion of the Regulation A+ Tier 2 cap to $150M with inflation adjustments.

Press Release: House Financial Services Committee Advances Two Bills by Congressman Marlin Stutzman
Republishes/aggregates a release about committee passage of the Regulation A+ Improvement Act, highlighting the increase in the Tier 2 limit to $150M.
Source Information
Document Type
Congressional Bill
Official Title
Regulation A+ Improvement Act of 2025
Data Sources
Sponsor
Cosponsors
(1)Analysis generated by AI. Always verify with official sources.