RELEASE: REP. HILL’S BILLS TO EXPAND CAPITAL FORMATION PASS OUT OF HOUSE FINANCIAL SERVICES COMMITTEE
WASHINGTON, D.C., April 27, 2023
WASHINGTON, D.C. – Rep. French Hill (AR-02), Vice-Chairman of the House Financial Services Committee and Chairman of the Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion, yesterday had two bills marked up by the House Financial Services Committee that would expand capital formation.
“I am pleased to see my two bills that make commonsense changes to the definition of an accredited investor and clarify the true value of a company’s market capitalization reported out of committee yesterday. Small businesses are the backbone of America and must have fair access to capital to flourish. These bills will expand capital formation and are one step closer to reaching the House Floor.”