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HR 3135 · in committee · major

RACE Act of 2025

What this bill does

  • This bill allows companies that previously issued exempt securities to issue additional securities without full registration.
  • Small businesses and capital-raising companies are affected by expanded exemptions from securities registration.
  • The bill applies to offerings under Regulation A with limits based on dollar thresholds for the additional class.

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Community Threads

Started by Cosponsor

  1. 01

    How might expanded securities exemptions under Regulation A affect investor protections for small business shareholders compared to publicly registered offerings?

  2. 02

    Which small businesses and capital-raising companies would benefit most from avoiding full registration, and what disclosure requirements would they still face?

  3. 03

    What evidence supports that reducing registration burdens for these securities will increase small business capital access without increasing fraud risk?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-KY-6

Andy Barr

Citizen cosponsors

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In Congress

0/ 435

House Reps cosponsoring

Introduced 2025-05-01

Legislative timeline

  1. 2025-05-01 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  2. 2025-05-01 · IntroReferral

    Introduced in House

  3. 2025-05-01 · IntroReferral

    Introduced in House

Congress.gov ↗

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