Congress·In Committee·S. 3880

Small Business Investment: Raising Limits for Fund Managers

Small Business Investor Capital Access Act

Legislative Progress

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Law

This bill changes the rules for people who manage private investment funds. Currently, if they manage less than $150 million, they don't have to follow certain expensive reporting rules. This bill would raise that limit to $175 million.
By raising the limit, more small investment firms can focus on finding businesses to invest in rather than spending time and money on complex government paperwork. This is intended to help small businesses get more access to the money they need to grow.
The bill also requires the government to update this $175 million limit every five years. This ensures the limit keeps up with the rising cost of living and inflation so the rules don't become outdated as prices change over time.
The goal is to make it easier for smaller investment groups to operate. Supporters believe this will encourage more investment in local companies and startups that need money to hire workers and expand.

2 milestones2 actions

Feb 12, 2026Senate

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

Feb 12, 2026

Introduced in Senate

Document Type

Congressional Bill

Official Title

Small Business Investor Capital Access Act

Bill NumberS 3880

Congress119th Congress

ChamberSenate

Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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D: 1

Congress.gov

Official legislative information

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