Last updated Nov 29, 2025
politicsgovernmentmarkets
The bill that passed the U.S. House in early June 2023 allowing any American to take a test to qualify as an accredited investor will pass the Senate and be signed into law in the near term (within roughly the next legislative session).
And the easiest solution for this just passed in Congress this week and will go to the Senate and be a law soon. I think allowing every American, the other 94% to take a test and become accredited.View on YouTube
Explanation

The bill Jason was referring to is H.R. 2797, the Equal Opportunity for All Investors Act of 2023, which would let individuals qualify as accredited investors by passing an SEC‑designed exam. It passed the U.S. House on May 31, 2023 and was received in the Senate on June 1, 2023, but no further action was taken and the bill died at the end of the 118th Congress without a Senate vote or presidential signature. (congress.gov) A substantially similar bill, H.R. 3339 (Equal Opportunity for All Investors Act of 2025), passed the House on July 21, 2025 and was referred to the Senate on July 22, 2025, where it still has only “Passed House” status and has not become law as of November 30, 2025. (congress.gov) Coverage of H.R. 3339 explicitly notes that the 2023 version died in the Senate, confirming that Jason’s expectation that the 2023 House‑passed bill would soon pass the Senate and be signed into law did not occur within the next legislative session or by the current date. (them.us)