,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #bfjc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #ac1 #bjbc,mr4 
,luetkemey] introduc$ ! foll[+ bill2 :i*
 0 ref]r$ to ! ,committee on ,f9ancial  
,s]vices  ,a ,,bill  ,to require !      
,securities & ,ex*ange ,commission to   
revise c]ta9 ?re%olds relat$ to small]  
report+ companies1 accel]at$ fil]s1 &   
l>ge accel]at$ fil]s1 & = o!r purposes4 
#a4 ,small] report+ company1 accel]at$  
fil]1 & l>ge accel]at$ fil] ?re%olds    
7a7 ,small] report+ companies  7#a7 ,9  
g5]al ,! ,securities & ,ex*ange         
,commission %all revise ! def9ition ( a 
small] report+ company "u section       
#bbi4aj7;f77#a7 ( title #ag1 ,code (    
,f$]al ,regulations-- 7,a7 9 p>agraph   
7i71 by adju/+ ! public float ?re%old f 
#bej1jjj1jjj to #ejj1jjj1jjj2 &  7,b7 9 
p>agraph 7ii7-- 7i7 by adju/+ ! annual  
rev5ue ?re%old f #ajj1jjj1jjj to        
#bej1jjj1jjj2 &  7ii7 9 p>agraph 7,b71  
by adju/+ ! public float ?re%old f      
#gjj1jjj1jjj to #ijj1jjj1jjj4  7#b7 ,use

 ( ?ree-ye> roll+ av]age rev5ues ,!     
,securities & ,ex*ange ,commission %all 
revise p>agraphs 7#a77;ii7 &            
7#b77;iii77,b7 "u ! def9ition ( small]  
report+ company "u section              
#bbi4aj7;f77#a7 ( title #ag1 ,code (    
,f$]al ,regulations1 by sub/itut+       
?ree-ye> roll+ av]age rev5ues = annual  
rev5ues4  7#c7 ,con=m+ *anges ,!        
,securities & ,ex*ange ,commission %all 
revise ! def9ition ( a small] report+   
company "u sections #bcj4dje &          
#bdj4ab;b-#b ( title #ag1 ,code ( ,f$]al
 ,regulations1 & any o!r rule ( !       
,commission 9 ! same mann] z su*        
def9ition is revis$ "u p>agraphs 7#a7 & 
7#b74  7b7 ,accel]at$ fil]s & l>ge      
accel]at$ fil]s  7#a7 ,l>ge accel]at$   
fil] ,! ,securities & ,ex*ange          
,commission %all revise ! def9ition ( a 
l>ge accel]at$ fil] "u section          
#bdj4ab;b-#b7b7 ( title #ag1 ,code (    
,f$]al ,regulations1 to increase !      
?re%old am\nt 7= ! aggregate worldwide  
m>ket value ( ! vot+ & non-vot+ common  

equity held by non-affiliates ( an      
issu]7 f #gjj1jjj1jjj to #gej1jjj1jjj4  
7#b7 ,?re%old to exit accel]at$ fil]    
/atus ,! ,securities & ,ex*ange         
,commission %all revise section         
#bdj4ab;b-#b7c77;ii7 ( title #ag1 ,code 
( ,f$]al ,regulations1 to increase !    
?re%old am\nt 7= ! aggregate worldwide  
m>ket value ( ! vot+ & non-vot+ common  
equity held by non-affiliates ( an      
issu]7 at :i* an issu] is no long] an   
accel]at$ fil] f #fj1jjj1jjj to         
#ge1jjj1jjj4  7#c7 ,?re%old to exit l>ge
 accel]at$ fil] /atus ,! ,securities &  
,ex*ange ,commission %all revise section
 #bdj4ab;b-#b7c77;iii7 ( title #ag1     
,code ( ,f$]al ,regulations1 to increase
 ! ?re%old am\nt 7= ! aggregate         
worldwide m>ket value ( ! vot+ &        
non-vot+ common equity held by          
non-affiliates ( an issu]7 at :i* an    
issu] is no long] a l>ge accel]at$ fil] 
f #efj1jjj1jjj to #gej1jjj1jjj4  7#d7   
,exclusion ( small] report+ companies ,!
 ,securities & ,ex*ange ,commission %all

 revise ! def9itions ( an accel]at$ fil]
 & a l>ge accel]at$ fil] "u p>agraphs   
7#a7 & 7#b7 ( section #bdj4ab;b-#b (    
title #ag1 ,code ( ,f$]al ,regulations1 
respectively1 to exclude any issu] t is 
a small] report+ company1 z def9$ "u    
section #bbi4aj7;f77#a7 ( title #ag1    
,code ( ,f$]al ,regulations4