RACE Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8222 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8222 To amend the Securities Act of 1933 to automatically approve offering statements filed with the Securities and Exchange Commission in connection with certain securities issued under Regulation A tier 2, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 2, 2024 Mr. Barr introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Securities Act of 1933 to automatically approve offering statements filed with the Securities and Exchange Commission in connection with certain securities issued under Regulation A tier 2, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Regulation Advancement for Capital Enhancement Act of 2024'' or the ``RACE Act of 2024''. SEC. 2. OFFERING OF SUBSTANT…