1. Smaller reporting company, accelerated filer, and large accelerated filer thresholds (a) Smaller reporting companies (1) In general The Securities and Exchange Commission shall revise the definition of a smaller reporting company under section 229.10(f)(1) of title 17, Code of Federal Regulations— (A) in paragraph (i), by adjusting the public float threshold from $250,000,000 to $500,000,000; and (B) in paragraph (ii)— (i) by adjusting the annual revenue threshold from $100,000,000 to $250,000,000