ACCESS Act of 2023

United States118th CongressHR-6825House of Representatives
Updated: Dec 14, 2023

Summary

Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2023 or the ACCESS Act of 2023 This bill expands the exemption from certain disclosures applicable to crowdfunding issuers with specified target offering amounts. Crowdfunding is used to raise capital through a large number of individuals investing potentially small amounts of money. Under current law, crowdfunding issuers that have target offering amounts of $100,000 or less are not required to make available financial statements reviewed by an independent public accountant. The bill increases that amount to $250,000.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

Latest companion bill action

S-2521: ACCESS Act of 2023

Read twice and referred to the Committee on Commerce, Science, and Transportation.

  1. Referred to the House Committee on Financial Services.

    House of Representatives

  2. Introduced in House

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