,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #ddcj  ,,in ,,the ,,house ,,of  
,,representatives  ,july #af1 #bjbe,mr4 
,steil introduced the following bill2   
which was referred to the ,committee on 
,financial ,services  ,a ,,bill  ,to    
lower the aggregate market value of     
voting and non-voting common equity     
necessary for an issuer to qualify as a 
well-known seasoned issuer4  #a4        
,definition of well-known seasoned      
issuer ,for purposes of the ,federal    
securities laws1 and regulations issued 
thereunder1 an issuer shall be a        
well-known seasoned issuer if-- 7#a7 the
 aggregate market value of the voting   
and non-voting common equity held by    
non-affiliates of the issuer is         
#ge1jjj1jjj or more 7as determined under
 ,form ,s-#c general instruction        
,i4,b4#a4 as in effect on the date of   
enactment of this ,act72 and  7#b7 the  
issuer otherwise satisfies the          
requirements of the definition of       
well-known seasoned issuer contained in 

section #bcj4dje of title #ag1 ,code of 
,federal ,regulations 7as in effect on  
the date of enactment of this ,act7     
without reference to any requirement in 
such definition relating to minimum     
worldwide market value of outstanding   
voting and non-voting common equity held
 by non-affiliates4