Congressional Budget Office Cost Estimate: H.R. 4565: Startup Capital Modernization Act of 2014 [open pdf - 98KB]
Alternate Title: CBO Cost Estimate: H.R. 4565 Startup Capital Modernization Act of 2014
This is a Congressional Budget Office (CBO) cost estimate for H.R. 4565. "H.R. 4565 would broaden the definition of securities and transactions that would be exempt from regulation by the Securities and Exchange Commission (SEC). The bill would, among other things, raise the dollar limit on the size of a security offering that can be made without registering with the SEC. It also would allow employees of private companies to sell securities to accredited investors (certain institutions or individuals meeting income or net worth thresholds) without registering."
Congressional Budget Office: http://cbo.gov/