H.R. 3135 · 119th Congress
RACE Act of 2025
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R
BarrSponsorNo cosponsors.
Regulation Advancement for Capital Enhancement Act of 2025 or the RACE Act of 2025
What it does: CRS summary · Introduced in House · May 1, 2025
Regulation Advancement for Capital Enhancement Act of 2025 or the RACE Act of 2025
This bill allows issuers with offerings that were previously exempted from securities registration requirements to issue an additional class of securities if certain criteria are met.
Specifically, this bill allows an issuer who issued securities under Regulation A (a small offering of securities exempt from registration requirements) to issue an additional class of securities if the securities in the additional class are substantially similar to the original class and the offering amount does not exceed specified dollar limits. However, the securities offered in the additional class are not required to have the same nature or terms.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: RACE Act of 2025
Also known as: Regulation Advancement for Capital Enhancement Act of 2025
Latest action (May 1, 2025): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 1, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.