H.R. 6541 — Regulation A+ Improvement Act of 2025

This section increases the maximum aggregate offering amounts exempt from Securities Act registration under Section 3(b) (i.e., the statutory basis for Regulation A Tier 1 and Tier 2 offerings) as follows: (1) in paragraph (1), to $50 million (from $5 million) in any 12-month period, including no more than $12 million offered by all selling security holders who are affiliates of the issuer; and (2) in paragraph (2)(A), to $150 million (from $50 million), including no more than $50 million offered by such affiliates. The section requires the SEC to adjust all such dollar amounts for inflation every five years by notice in the Federal Register, using the Consumer Price Index for All Urban Consumers to the nearest $10,000, and modifies paragraph (5) to incorporate this inflation adjustment.