,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #bbcf  ,,in ,,the ,,house ,,of  
,,representatives  ,june #d1 #bjac ,mr4 
,chabot 7for himself1 ,ms4 ,lofgren1    
,ms4 ,eshoo1 ,ms4 ,chu1 ,mr4            
,farenthold1 ,mr4 ,chaffetz1 and ,mr4   
,coble7 introduced the following bill2  
which was referred to the ,committee on 
the ,judiciary  ,a ,,bill  ,to amend    
title #ce1 ,united ,states ,code1 to    
modify the definition of micro entity4  
#a4 ,short title ,this ,act may be cited
 as the ,promoting ,startup ,innovation 
,act4  #b4 ,definition of micro entity  
7a7 ,in general ,section #abc of title  
#ce1 ,united ,states ,code1 is amended--
  7#a7 in subsection 7a7--  7,a7 in     
paragraph 7#b71 by striking more than #d
 and inserting more than #g2  7,b7 in   
paragraph 7#c71 by striking #c times and
 inserting #e times2 and  7,c7 in       
paragraph 7#d71 by striking #c times and
 inserting #e times2 and  7#b7 by adding
 at the end the following3  7f7         
,determinations on applications for     

status ,the ,director shall approve or  
deny any application for status as a    
micro entity not later than #de days    
after the date on which the application 
is submitted4  4  7b7 ,effective date   
,the amendments made by this section    
shall apply with respect to applications
 for status as a micro entity that are  
submitted on or after the date of the   
enactment of this ,act4