Emerging growth company criteria

(a) Securities Act of 1933 Section 2(a)(19) of the Securities Act of 1933 (15 U.S.C. 77b(a)(19)) is amended— (1) by striking $1,000,000,000 each place such term appears and inserting $3,000,000,000; (2) in subparagraph (B)— (A) by striking fifth and inserting 10-year; and (B) by adding or at the end; (3) in subparagraph (C), by striking; or and inserting a period; and (4) by striking subparagraph (D). (b) Securities Exchange Act of 1934 Section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)) is amended, in the first paragraph (80)— (1) by striking $1,000,000,000 each place such term appears and inserting $3,000,000,000; (2) in subparagraph (B)— (A) by striking fifth and inserting 10-year; and (B) by adding or at the end; (3) in subparagraph (C), by striking; or and inserting a period; and (4) by striking subparagraph (D).

(a) Securities Act of 1933 Section 2(a)(19) of the Securities Act of 1933 (15 U.S.C. 77b(a)(19)) is amended— (1) by striking $1,000,000,000 each place such term appears and inserting $3,000,000,000; (2) in subparagraph (B)— (A) by striking fifth and inserting 10-year; and (B) by adding or at the end; (3) in subparagraph (C), by striking; or and inserting a period; and (4) by striking subparagraph (D). (b) Securities Exchange Act of 1934 Section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)) is amended, in the first paragraph (80)— (1) by striking $1,000,000,000 each place such term appears and inserting $3,000,000,000; (2) in subparagraph (B)— (A) by striking fifth and inserting 10-year; and (B) by adding or at the end; (3) in subparagraph (C), by striking; or and inserting a period; and (4) by striking subparagraph (D). (c) Technical correction (1) Section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)) is amended by redesignating the second paragraph (80) as paragraph (81). (2) Section 4A(a)(1)(B) of the Securities Act of 1933 (77d–1(a)(1)(B)) is amended by striking section 3(a)(80) and inserting section 3(a).