,,ib ,union ,calendar ,no4 #dej #aaith  
,,congress  #b;d ,session  ,h4 ,r4 #dacj
 ,report ,no4 #aai-ebe ,,in ,,the       
,,house ,,of ,,representatives  ,june   
#be1 #bjbe,mr4 ,garbarino introduced the
 following bill2 which was referred to  
the ,committee on ,financial ,services  
,february #be1 #bjbf;,additional        
sponsor3 ,mr4 ,sessions  ,february #be1 
#bjbf,reported with an amendment1       
committed to the ,committee of the      
,whole ,house on the ,state of the      
,union1 and ordered to be printed,strike
 out all after the enacting clause and  
insert the part printed in italic,for   
text of introduced bill1 see copy of    
bill as introduced on ,june #be1 #bjbe  
,a ,,bill  ,to amend the ,securities    
,exchange ,act of #aicd to exclude      
qualified institutional buyers and      
institutional accredited investors when 
calculating holders of a security for   
purposes of the mandatory registration  
threshold under such ,act1 and for other
 purposes4  #a4 ,short title ,this ,act 

may be cited as the ,small ,business    
,relief ,act4  #b4 ,exclusions from     
mandatory registration threshold        
,section #ab7;g77#a7 of the ,securities 
,exchange ,act of #aicd 7#ae ,u4,s4,c4  
#ghl7g77#a77 is amended-- 7#a7 in       
subparagraph 7,a77i71 by inserting after
 persons the following3 7that are not a 
qualified institutional buyer or an     
institutional accredited investor72 and 
7#b7 in subparagraph 7,b71 by inserting 
after persons the following3 7that are  
not a qualified institutional buyer or  
an institutional accredited investor74  
,february #be1 #bjbf,reported with an   
amendment1 committed to the ,committee  
of the ,whole ,house on the ,state of   
the ,union1 and ordered to be printed