This bill amends the Securities Act of 1933 to adjust the regulatory requirements for companies utilizing crowdfunding exemptions. Specifically, it raises the offering amount threshold from $100,000 to $250,000, above which issuers are mandated to file financial statements reviewed by an independent public accountant. The legislation further empowers the Securities and Exchange Commission (SEC) to discretionarily increase this threshold from $250,000 to an amount not exceeding $400,000. This additional increase would require recommendations from the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate. The bill also incorporates minor technical corrections to specific section references within the Securities Act of 1933.