Amendment for crowdfunding capital enhancement and small-business support

(a) In general Section 4A of the Securities Act of 1933 (15 U.S.C. 77d–1) is amended— (1) in subsection (b)(1)(D), by striking $100,000 each place such term appears and inserting $250,000; and (2) by adding at the end the following: (i) Discretion to adjust amount The Commission may increase the amount specified in subsections (b)(1)(D)(i) and (b)(1)(D)(ii) from $250,000 to an amount not greater than $400,000 upon the recommendation of the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate.. (b) Technical corrections The Securities Act of 1933 (15 U.S.C. 77a et seq.) is amended— (1) in section 4A— (A) by striking section 4(6) each place such term appears and inserting section 4(a)(6); and (B) by striking section 4(6)(B) each place such term appears and inserting section 4(a)(6)(B); (2) in section 16(f)(3), by striking section 4(2) and inserting section 4(a)(2); and (3) in section 18— (A) in subsection (b)(4)— (i) in subparagraph (B), by striking section 4(4) and inserting section 4(a)(4); (ii) in subparagraph (C), by striking section 4(6) and inserting section 4(a)(6); and (iii) in subparagraph (F), by striking section 4(2) each place such term appears and inserting section 4(a)(2); and (B) in subsection (c)(1)(B), by striking section 4(6) and inserting section 4(a)(6);