A bipartisan bill introduced Monday will include a provision making it easier for investors to be considered an "accredited investor" for the purposes of investing in private securities. Taken from a bill that overwhelmingly passed last year, the provision put forward by House Financial Services Chairman Jeb Hensarling, a Texas Republican, and Maxine Waters, the California Democrat who's ranking member, would modify the definition so that the Securities and Exchange Commission could allow those that "have qualifying education or experience." Current rules limit investment to those who earn more than $200,000 a year or have more than $1 million in assets excluding their primary residence. The broader package from Hensarling and Waters is called the JOBS and Investor Confidence Act of 2018.