JOBS Act-related exemption

Section 3(b) of the Securities Act of 1933 (15 U.S.C. 77c(b)) is amended— (1) in paragraph (1), by striking $5,000,000 and inserting $50,000,000, including not more than $12,000,000 offered by all selling security holders that are affiliates of the issuer, as such dollar amounts are adjusted for inflation by the Commission every 5 years, by notice published in the Federal Register, to the nearest $10,000 to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics; (2) in paragraph (2)(A), by striking $50,000,000 and inserting $150,000,000, including not more than $50,000,000 offered by all selling security holders that are affiliates of the issuer, as such dollar amounts are adjusted for inflation by the Commission every 2 years 5 years, by notice published in the Federal Register, to the nearest $10,000 to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics; and (2) (3) in paragraph (5)— (A) by striking such amount as and inserting: inserting such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), as; and (B) by striking such amount, it and inserting such amount, in addition to the adjustment for inflation provided for under such paragraph (2)(A), it.