,,ii  #aahth ,,congress  #b;d ,session  
,s4 #cgji  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,january #ca1  
#bjbd,mr4 ,budd 7for himself1 ,ms4      
,smith1 and ,mr4 ,braun7 introduced the 
following bill2 which was read twice and
 referred to the ,committee on ,banking1
 ,housing1 and ,urban ,affairs  ,a      
,,bill  ,to amend the ,securities ,act  
of #aicc to add additional investment   
thresholds for an individual to qualify 
as an accredited investor1 and for other
 purposes4  #a4 ,short title ,this ,act 
may be cited as the ,investment         
,opportunity ,expansion ,act4  #b4      
,investment thresholds to qualify as an 
accredited investor ,section #b7;a77#ae7
 of the ,securities ,act of #aicc 7#ae  
,u4,s4,c4 #gg;b7a77#ae77 is amended--   
7#a7 in clause 7i71 by striking or at   
the end2  7#b7 in clause 7ii71 by       
striking the period at the end and      
inserting 2 or2 and  7#c7 by adding at  
the end the following3  7iii7 with      
respect to a proposed transaction1 any  

individual whose aggregate investment1  
at the completion of such transaction1  
in securities with respect to which     
there has not been a public offering is 
not more than #aj percent of the greater
 of-- 7,i7 the net assets of the        
individual2 or  7,,ii7 the annual income
 of the individual4  4