Small Business Investor Capital Access Act

Overview: HR 3673, Small Business Investor Capital Access Act, Reported (Amended) by the Committee on Financial Services. H. Rept. 119-254, Introduced on June 03, 2025

Purpose and Intent: The main purpose of this bill is to improve access to capital for small businesses by enhancing investment opportunities and regulatory frameworks. The legislation aims to support small business growth and job creation by facilitating greater private investment.

Key Provisions:
- Increases the maximum amount that can be raised through crowdfunding from $5 million to $20 million
- Expands the definition of "accredited investor" to include more individuals and entities, allowing broader participation in private securities offerings
- Directs the SEC to review and streamline regulations related to small business capital formation

Affected Parties and Impacts: This bill would primarily benefit small businesses seeking investment capital, as well as individual and institutional investors interested in supporting small company growth. It is expected to increase the flow of private capital to the small business sector.

Procedural and Timeline Considerations: The bill has been reported and amended by the House Committee on Financial Services. It now awaits consideration by the full House of Representatives.