,,ii  #aaith ,,congress  #b;d ,session  
,s4 #cffb  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,january #ae1  
#bjbf,mr4 ,mc,cormick 7for himself and  
,mr4 ,kim7 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  
raise the offering amount threshold for 
when issuers using the crowdfunding     
exemption are required to file financial
 statements reviewed by a public        
accountant who is independent of the    
issuer1 and for other purposes4  #a4    
,short title ,this ,act may be cited as 
the ,amendment for ,crowdfunding        
,capital ,enhancement and               
,small-business ,support ,act of #bjbf  
or the ,,access ,act of #bjbf4  #b4     
,offering threshold for reviews by      
public accountant  7a7 ,in general      
,section #d;,a of the ,securities ,act  
of #aicc 7#ae ,u4,s4,c4 #gg;d-#a7 is    
amended-- 7#a7 in subsection            

7b77#a77;,d7-- 7,a7 in clause 7i71 in   
the matter preceding subclause 7,i71 by 
striking #ajj1jjj and inserting         
#bej1jjj2 and  7,b7 in clause 7ii71 by  
striking #ajj1jjj and inserting         
#bej1jjj2 and  7#b7 by adding at the end
 the following3  7i7 ,discretion ,to    
adjust amount ,the ,commission may      
increase the amount described in clauses
 7i7 and 7ii7 of subsection 7b77#a77;,d7
 from #bej1jjj to an amount that is not 
greater than #djj1jjj upon the          
recommendation of the ,office of the    
,advocate for ,small ,business ,capital 
,formation and the ,office of the       
,investor ,advocate4  4  7b7 ,technical 
corrections ,section #d;,a of the       
,securities ,act of #aicc 7#ae ,u4,s4,c4
 #gg;d-#a7 is amended-- 7#a7 by striking
 section #d7f7 each place that term     
appears and inserting section           
#d7;a77#f72 and  7#b7 by striking       
section #d7f77;,b7 each place that term 
appears and inserting section           
#d7;a77#f77;,b74