Search Results for keywords:"regulatory burdens"

Search Results: keywords:"regulatory burdens"

H. R. 6825 — To amend the Securities Act of 1933 to raise the offering amount threshold for when issuers using the crowdfunding exemption are required to file financial statements reviewed by a public accountant who is independent of the issuer, and for other purposes.
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December 14, 2023
Status:Introduced in House
Congress:118
Words:332
H.R. 6825, known as the "ACCESS Act of 2023," proposes changes to the Securities Act of 1933. It aims to increase the limit from $100,000 to $250,000 for crowdfunding issuers before they must have their financial statements reviewed by an independent public accountant. Additionally, it...
Simple Explanation
Imagine there's a rule that says if someone asks people for more than $100,000 to help with a project, they need a big, important person to check their money plans. This bill wants to change the rule so they only need a big, important person to check if they ask for more than $250,000, making it easier for small groups to ask for money for their projects.
H. R. 10263 — To require the Federal financial agencies to carry out a study and report on standardized descriptions for vendor-provided artificial intelligence systems, and for other purposes.
November 26, 2024
Status:Introduced in House
Congress:118
Words:992
H.R. 10263, titled the “Responsible AI Disclosure Act of 2024,” instructs federal financial agencies to conduct a study focusing on how vendor-provided artificial intelligence systems are described and standardized. The study aims to develop definitions and standards for AI...
Simple Explanation
The bill wants special government teams to study how to make it easier to understand and explain fancy computer programs called AI, which help people make decisions with lots of data. They want to make sure these AI helpers are using real data the right way and following rules, and then tell everyone in Congress what they find out in half a year.

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