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Referred to the House Committee on Financial Services.
Introduced June 3, 2025 by Garland H. Barr · Last progress June 3, 2025
Adds an inflation-adjustment rule to the dollar exemption threshold in Section 203(m) of the Investment Advisers Act of 1940. The SEC must reset the exemption dollar amount to reflect changes in the Consumer Price Index (CPI) since the 2010 Private Fund Investment Advisers Registration Act and then adjust that dollar amount every year using the BLS CPI for All Urban Consumers (CPI‑U).