Section 1. Short title
This Act may be cited as the Small Business Relief Act.
Section 2. Exclusions from mandatory registration threshold
Section 12(g)(1) of the Securities Exchange Act of 1934 (15 U.S.C. 78l(g)(1)) is amended—
(1) in subparagraph (A)(i), by inserting after persons the following: (that are not a qualified institutional buyer or an institutional accredited investor); and
(2) in subparagraph (B), by inserting after persons the following: (that are not a qualified institutional buyer or an institutional accredited investor).