S. 4170

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4170 Introduced in Senate (IS)]

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119th CONGRESS
2d Session
S. 4170

To amend the Securities Act of 1933 with respect to small company 
capital formation, and for other purposes.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

March 24, 2026

Mr. Budd introduced the following bill; which was read twice and 
referred to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

A BILL

To amend the Securities Act of 1933 with respect to small company 
capital formation, and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Regulation A+ Improvement Act of 
2026''.

SEC. 2. JOBS ACT-RELATED EXEMPTION.

Section 3(b) of the Securities Act of 1933 (15 U.S.C. 77c(b)) is 
amended--
(1) in paragraph (2)(A), by striking ``$50,000,000'' and 
inserting ``$150,000,000, adjusted for inflation by the 
Commission every 2 years to the nearest $10,000 to reflect the 
change in the Consumer Price Index for All Urban Consumers 
published by the Bureau of Labor Statistics''; and
(2) in paragraph (5)--
(A) by striking ``such amount as'' and inserting: 
``such amount, in addition to the adjustment for 
inflation provided for under such paragraph (2)(A), 
as''; and
(B) by striking ``such amount, it'' and inserting 
``such amount, in addition to the adjustment for 
inflation provided for under such paragraph (2)(A), 
it''.
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