,i  #aaeth ,,congress  #b;d ,session    
,h4 ,r4 #fjdi  ,,in ,,the ,,house ,,of  
,,representatives  ,june #h1 #bjah,mr4  
,kustoff of ,tennessee introduced the   
following bill2 which was referred to   
the ,committee on ,financial ,services  
,a ,,bill  ,to remove the limitation on 
large accelerated filers qualifying as  
an emerging growth company1 and for     
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,the ,business 
,startup ,clarification ,act of #bjah4  
#b4 ,emerging growth company criteria   
7a7 ,securities ,act of #aicc ,section  
#b7;a77#ai77;,d7 of the ,securities ,act
 of #aicc 7#ae ,u4,s4,c4                
#gg;b7a77#ai77;,d77 is amended to read  
as follows3  7,d7 the date on which the 
public float of such issuer surpasses an
 amount established by the ,commission1 
but which amount may not be less than   
the value of public float required to   
qualify as a large accelerated filer    
under section #bdj4ab;b-#b of title #ag1
 ,code of ,federal ,regulations4  4  7b7

 ,securities ,exchange ,act of #aicd    
,subparagraph 7,d7 of the first         
paragraph 7#hj7 of section #c7;a7 of the
 ,securities ,exchange ,act of #aicd    
7#ae ,u4,s4,c4 #gh;c7a77 7relating to   
emerging growth companies7 is amended to
 read as follows3  7,d7 the date on     
which the public float of such issuer   
surpasses an amount established by the  
,commission1 but which amount may not be
 less than the value of public float    
required to qualify as a large          
accelerated filer under section         
#bdj4ab;b-#b of title #ag1 ,code of     
,federal ,regulations4  4