ACCESS Act of 2023

The ACCESS Act of 2023 amends the Securities Act of 1933 to raise the threshold for requiring a public accountant review of crowdfunding offerings from $100,000 to $250,000. This directly affects small businesses and startups using crowdfunding, as they can now raise up to $250,000 without needing the costly review, reducing administrative burdens. The bill also includes technical corrections to update references in the law to align with the new threshold. The change aims to lower barriers for small business fundraising through crowdfunding.