ACCESS Act of 2025

Summary

Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2025 or the ACCESS Act of 2025 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 and allows the Securities and Exchange Commission to increase this amount to no more than $400,000 upon recommendation of the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Out of committee and scheduled for a vote by the full chamber.

House Committee on Financial Services · U.S. House of Representatives

Your position on this bill

Choose the position closest to yours. You'll sign in or create an account to save it.

Cosponsors

Related bills

• S. 3662ACCESS Act of 2026Related bill

As identified by Congress.gov.

Full history

1. Jul 15, 2025

   Placed on the Union Calendar, Calendar No. 166.

2. Jul 15, 2025

   Placed on the Union Calendar, Calendar No. 166.

3. Jul 15, 2025

   Introduced

   Placed on the Union Calendar, Calendar No. 166.

   U.S. House

4. Jul 15, 2025

   Placed on the Union Calendar, Calendar No. 166.

5. Jul 15, 2025

   Reported out of committee

   Reported (Amended) by the Committee on Financial Services. H. Rept. 119-203.

Read the record

• Read on Congress.gov (opens in a new tab) The official record on Congress.gov.