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News & Press: Administration News

President Signs JOBS Bill Into Law

Thursday, April 05, 2012  
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President Barack Obama signed into law the Jumpstart Our Business Startups (JOBS) Act.  The bill had received overwhelming bipartisan support in advancing through both the Senate and the House of Representatives.  Most notably, the new law allows small business to obtain capital through crowdfunding.  Entrepreneurs can raise up to $1 million per year through the newly approved channel.

To read the President's press release announcing the signing, click here.

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