Sec. 1202. Emerging growth company criteria
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/bill/118/hr/2799/eh/section-1202A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2(a)(19) of the Securities Act of 1933 ( 15 U.S.C. 77b(a)(19) ) is amended— by striking $1,000,000,000 each place such term appears and inserting $1,500,000,000 ; in subparagraph (B)— by striking fifth and inserting 7-year ; and by adding or at the end; in subparagraph (C), by striking ; or and inserting a period; and by striking subparagraph (D). Section 3(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) ) is amended, in the first paragraph
(80)(related to emerging growth companies)— by striking $1,000,000,000 each place such term appears and inserting $1,500,000,000 ; in subparagraph (B)— by striking fifth and inserting 7-year ; and by adding or at the end; in subparagraph (C), by striking ; or and inserting a period; and by striking subparagraph (D).
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