HR 3645 United States House · 119th Congress

ACCESS Act of 2025

The ACCESS Act of 2025 raises the crowdfunding offering threshold from $100,000 to $500,000 under the Securities Act of 1933. This directly affects small businesses and startups using crowdfunding to raise capital, as it reduces regulatory requirements for smaller funding rounds. The key provision eliminates the need for public accountant reviews for offerings under the new $500,000 threshold, streamlining the process. The bill aims to lower barriers for small businesses seeking modest capital investments through crowdfunding platforms. Technical corrections in the bill update references to align with the amended threshold.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
President
Introduced May 29, 2025 Last action Jul 15, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
6
Key actions
2
Committee
3
Amendments
1
Jul 15, 2025
Lower · Passed
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-203.
lower
Jun 10, 2025
Introduced
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
lower
Jun 10, 2025
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
May 29, 2025
Committee
Referred to the House Committee on Financial Services.
lower
May 29, 2025
Introduced
Introduced in House
lower
1 primary · 4 co-sponsors

Sponsors