HR 6541 United States House · 119th Congress

Regulation A+ Improvement Act of 2025

HR 6541, the Regulation A+ Improvement Act of 2025, increases the funding cap for small businesses using Regulation A+ crowdfunding from $50 million to $150 million, adjusted for inflation every two years based on the Consumer Price Index. This change directly affects small businesses and startups seeking to raise capital through simplified public offerings. The key mechanism is raising the cap while adding automatic inflation adjustments to maintain its real value over time. This policy update aims to provide more accessible capital for smaller issuers under the Securities Act of 1933.
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2025
Committee Review
Floor Vote
President
Introduced Dec 9, 2025 Last action Feb 25, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
7
Key actions
3
Committee
4
Amendments
1
Feb 25, 2026
Lower · Passed
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-526.
lower
Dec 17, 2025
Introduced
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.
lower
Dec 17, 2025
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Dec 16, 2025
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Dec 9, 2025
Committee
Referred to the House Committee on Financial Services.
lower
Dec 9, 2025
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

Sponsors