,,ii  #aaith ,,congress  #b;d ,session  
,s4 #cgdi  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,january #bi1  
#bjbf,mr4 ,mc,cormick 7for himself and  
,ms4 ,blunt ,rochester7 introduced the  
following bill2 which was read twice and
 referred to the ,committee on ,banking1
 ,housing1 and ,urban ,affairs  ,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 ,short title ,this ,act may be    
cited as the ,expanding ,,wksi          
,eligibility ,act4  #b4 ,definition of  
well-known seasoned issuer  7a7 ,in     
general ,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         
#djj1jjj1jjj 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  7b7 ,report on     
withdrawn applications related to       
well-,known seasoned issuer status ,the 
,securities and ,exchange ,commission   
shall1 not later than #ij days after the
 end of each calendar year1 publish the 
total number of applications submitted  
during such calendar year where the     
applicant--  7#a7 submitted the         
application under section #bcj4dje of   
title #ag1 ,code of ,federal            
,regulations1 for a determination by the
 ,commission that the applicant not be  

considered an ineligible issuer under   
such section2  7#b7 requested such      
determination in order to meet the      
definition of a well-known seasoned     
issuer under such section2 and  7#c7    
withdrew the application4