,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #cfgc  ,,in ,,the ,,house ,,of  
,,representatives  ,june #c1 #bjbe,mr4  
,barr 7for himself and ,ms4 ,velzquez7  
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services  ,a ,,bill  ,to    
amend the ,investment ,advisers ,act of 
#aidj to increase the exemption from    
registration threshold for certain      
investment advisers of private funds to 
reflect the change in inflation4  #a4   
,short title ,this ,act may be cited as 
the ,small ,business ,investor ,capital 
,access ,act4  #b4 ,inflation adjustment
 for the exemption threshold for certain
 investment advisers of private funds   
,section #bjc7m7 of the ,investment     
,advisers ,act of #aidj 7#ae ,u4,s4,c4  
#hj;b-#c7m77 is amended by adding at the
 end the following3  7#e7 ,inflation    
adjustment ,the ,commission shall adjust
 the dollar amount described under      
paragraph 7#a7-- 7,a7 upon enactment of 
this paragraph1 to reflect the change in

 the ,consumer ,price ,index for ,all   
,urban ,consumers published by the      
,bureau of ,labor ,statistics of the    
,department of ,labor between the date  
of enactment of the ,private ,fund      
,investment ,advisers ,registration ,act
 of #bjaj and the date of enactment of  
this paragraph2 and  7,b7 annually      
thereafter1 to reflect the change in the
 ,consumer ,price ,index for ,all ,urban
 ,consumers published by the ,bureau of 
,labor ,statistics of the ,department of
 ,labor4  4