Proposed
Bill · 119th Congress · S 3662
ACCESS Act of 2026
Refreshed 4 h ago
Introduced 2026-01-15Topic: economy jobsSummary
AI-generated summary, report an errorThis bill changes federal securities law for small companies that raise money from the public through crowdfunding. Currently, companies raising more than $100,000 this way must file financial statements reviewed by an independent public accountant; the bill raises that dollar threshold to $250,000. It also allows the Securities and Exchange Commission to raise the threshold further, up to $400,000, if two of its offices recommend it: the small business capital formation advocate and the investor advocate. The bill also makes technical corrections to section references in the law.
Sponsors
- David McCormick Republican sponsor
- 1 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-01-15 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2026-01-15 | Introduced in Senate | introduce |