After returning from several days of lobbying for Crowdfund Investing in Washington, DC, we have this small window of opportunity to make Crowdfund Investing legal over the next several weeks. Â Hereâ€™s what you need to know and what you need to do to help Legalize Crowdfunding today.
The House passed our Crowdfund Investing Bill (HR 2930) back in November. Â The Senate has been sitting idly even though a few Senators have tried to push Crowdfunding forward. Â However both Senate Majority Leader Reid (D-NV) and Banking Committee Chairman Johnson (D-SD) refused to act until now.
On March 8th, the House took 6 of the Capital Formation bills that passed with almost unanimous bipartisan support (including our Crowdfunding bill), packaged them together into one (called the JOBS Act) and passed it again with overwhelming bipartisan support. Â The President came out and endorsed this Republican-led initiative and now they are calling the Senate’s bluff. Â Either sit and do nothing and come election-time Americans will know that the Senate is the cause of the gridlock in DC or bring the bill (or their own version of the bill) to the floor to vote and act on our country’s behalf.
Here are 4 things you can do to help Legalize Crowdfunding today:
- Now more than ever we need people callingÂ both Senate Majority leader Harry Reid (D-NV) at (202) 224-3542 andÂ Senate Banking CommitteeÂ Chairman Tim Johnson (D-SD) at (202) 224-5842 andÂ let them know that Americaâ€™s Entrepreneurs need Crowdfunding.
- Click the links, download, complete these form letters with your information and send them to both ReidÂ andÂ Johnson.
- Tweet, Facebook Status Update, Google+ & Linkedin Post about this page to your followers to spread the word.
- If you are an entrepreneur or if an Investor who would use or back some on a Crowdfund Investing website, then register on LegalizeCrowdfunding.org. (You can get there on your cell phone byÂ texting “HR2930” TO 83432).