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SEED Act of 2023

USA118th CongressHR-2609| House 
| Updated: 4/13/2023
Patrick T. McHenry

Patrick T. McHenry

Republican Representative

North Carolina

Cosponsors (1)
Tom Emmer (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Small Entrepreneurs' Empowerment and Development Act of 2023 or the SEED Act of 2023 This bill establishes an exemption to certain securities regulations for small offerings of securities. Specifically, securities registration is not required for a sale of securities if the total amount of securities sold by the issuer during the preceding 12-month period sale does not exceed $250,000. Furthermore, the Securities and Exchange Commission must issue rules under which an issuer is disqualified from offering securities through this exemption. These rules must disqualify any such offering or sale of securities by a person subject to specified regulatory disciplinary actions or convicted of certain felonies or misdemeanors.
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Timeline

Bill from Previous Congress

HR 116-5272
SEED Act

Bill from Previous Congress

HR 117-7971
SEED Act

Bill from Previous Congress

HR 117-5458
SEED Act of 2021

Bill from Previous Congress

HR 117-5254
SEED Act
Apr 13, 2023
Introduced in House
Apr 13, 2023
Referred to the House Committee on Financial Services.
Oct 4, 2023

Latest Companion Bill Action

S 118-3037
Introduced in Senate
  • Bill from Previous Congress

    HR 116-5272
    SEED Act


  • Bill from Previous Congress

    HR 117-7971
    SEED Act


  • Bill from Previous Congress

    HR 117-5458
    SEED Act of 2021


  • Bill from Previous Congress

    HR 117-5254
    SEED Act


  • April 13, 2023
    Introduced in House


  • April 13, 2023
    Referred to the House Committee on Financial Services.


  • October 4, 2023

    Latest Companion Bill Action

    S 118-3037
    Introduced in Senate

Finance and Financial Sector

Related Bills

  • HR 118-2799: Expanding Access to Capital Act of 2023

SEED Act of 2023

USA118th CongressHR-2609| House 
| Updated: 4/13/2023
Small Entrepreneurs' Empowerment and Development Act of 2023 or the SEED Act of 2023 This bill establishes an exemption to certain securities regulations for small offerings of securities. Specifically, securities registration is not required for a sale of securities if the total amount of securities sold by the issuer during the preceding 12-month period sale does not exceed $250,000. Furthermore, the Securities and Exchange Commission must issue rules under which an issuer is disqualified from offering securities through this exemption. These rules must disqualify any such offering or sale of securities by a person subject to specified regulatory disciplinary actions or convicted of certain felonies or misdemeanors.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-5272
SEED Act

Bill from Previous Congress

HR 117-7971
SEED Act

Bill from Previous Congress

HR 117-5458
SEED Act of 2021

Bill from Previous Congress

HR 117-5254
SEED Act
Apr 13, 2023
Introduced in House
Apr 13, 2023
Referred to the House Committee on Financial Services.
Oct 4, 2023

Latest Companion Bill Action

S 118-3037
Introduced in Senate
  • Bill from Previous Congress

    HR 116-5272
    SEED Act


  • Bill from Previous Congress

    HR 117-7971
    SEED Act


  • Bill from Previous Congress

    HR 117-5458
    SEED Act of 2021


  • Bill from Previous Congress

    HR 117-5254
    SEED Act


  • April 13, 2023
    Introduced in House


  • April 13, 2023
    Referred to the House Committee on Financial Services.


  • October 4, 2023

    Latest Companion Bill Action

    S 118-3037
    Introduced in Senate
Patrick T. McHenry

Patrick T. McHenry

Republican Representative

North Carolina

Cosponsors (1)
Tom Emmer (Republican)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HR 118-2799: Expanding Access to Capital Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted