Steve Stivers: “I would like to thank the gentleman from California for yielding me time and for his leadership on this issue. I want to…”

“I would like to thank the gentleman from California for yielding me time and for his leadership on this issue. I want to voice my support for the Access to Capital for Job Creators Act. This is straightforward legislation that provides a simple method for job creators to find funding for their businesses. This legislation will allow entrepreneurs to advertise their investment opportunity to accredited investors and to solicit investment without being subject to costly and burdensome regulations. This exemption would only apply to general solicitations or advertising if the buyers are accredited investors, those people that have $1 million net worth or an income above $200,000. This leaves protections in place for those who may be less sophisticated investors. Simply put, this bill helps finance job growth in America by connecting small businesses and job creators with sophisticated investors while keeping protections for less sophisticated investors. Mr. McCARTHY of California. Mr. Speaker, I yield 1 minute to a new Member who knows firsthand how to create jobs through his work--he has employed over 100 people--the gentleman from Butler, Pennsylvania (Mr. Kelly).”