Skip to main content
HR 68 106th Congress House Commerce Authorization Business income tax Economics and Public Finance Federally-guaranteed loans Finance and Financial Sector Government Operations and Politics Government lending Government securities Income Income tax Interest Interest rates Loans Small Business Administration Small business Taxation

Small Business Investment Improvement Act of 1999

Introduced: January 6, 1999 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 30 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 5, 1999
Became Public Law No: 106-9.
Apr 5, 1999
Signed by President.
Mar 25, 1999
Presented to President.
Mar 23, 1999
Message on Senate action sent to the House.
Mar 23, 1999
Motion to reconsider laid on the table Agreed to without objection.
Mar 23, 1999
On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote. (consideration: CR H1490-1491; text: CR H1490-1491)
Mar 23, 1999
Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.(consideration: CR H1490-1491; text: CR H1490-1491)
Mar 23, 1999
DEBATE - The House proceeded with forty minutes of debate on the Senate amendment to H.R. 68.
Mar 23, 1999
Mr. Talent moved that the House suspend the rules and agree to the Senate amendment.
Mar 22, 1999
Passed Senate in lieu of S. 364 with an amendment by Unanimous Consent. (text: CR S3062-3063)
Mar 22, 1999
Passed/agreed to in Senate: Passed Senate in lieu of S. 364 with an amendment by Unanimous Consent.(text: CR S3062-3063)
Mar 22, 1999
Senate struck all after the Enacting Clause and substituted the language of S. 364.
Mar 22, 1999
Measure laid before Senate by unanimous consent. (consideration: CR S3062-3063)
Mar 22, 1999
Senate Committee on Small Business discharged by Unanimous Consent.
Feb 22, 1999
Read twice and referred to the Committee on Small Business.
Feb 4, 1999
Received in the Senate.
Feb 2, 1999
Motion to reconsider laid on the table Agreed to without objection.
Feb 2, 1999
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 402 - 2 (Roll no. 7). (text: CR H286-287)
Feb 2, 1999
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 402 - 2 (Roll no. 7).(text: CR H286-287)
Feb 2, 1999
Considered as unfinished business. (consideration: CR H293-294)
Feb 2, 1999
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the Chair announced that further proceedings on the motion would be postponed.
Feb 2, 1999
DEBATE - The House proceeded with forty minutes of debate.
Feb 2, 1999
Considered under suspension of the rules. (consideration: CR H286-288)
Feb 2, 1999
Mr. Talent moved to suspend the rules and pass the bill, as amended.
Jan 19, 1999
Placed on the Union Calendar, Calendar No. 1.
Jan 19, 1999
Reported by the Committee on Small Business. H. Rept. 106-1.
Jan 7, 1999
Ordered to be Reported by Voice Vote.
Jan 7, 1999
Committee Consideration and Mark-up Session Held.
Jan 6, 1999
Referred to the House Committee on Small Business.
Jan 6, 1999
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Feb 2, 1999 House · vote #7 On Motion to Suspend the Rules and Pass, as Amended Passed 402–2 See who voted →
 Plain-English summary Congressional Research Service

Small Business Investment Company Technical Corrections Act of 1999 - Amends the Small Business Investment Act of 1958 to define "interest" for purposes of small business loans granted under the Small Business Investment Company (SBIC) program. Amends the Small Business Act to increase the FY 1999 and 2000 funding levels for such program.

Amends the Small Business Investment Act of 1958 to: (1) remove a requirement that at least 50 percent of the annual program level of approved participating securities under the SBIC program be reserved for funding with SBICs having private capital of not more than $20 million; (2) provide for the determination of an eligible small business or smaller enterprise that is not required to pay Federal income tax at the corporate level but that is required to pass income through to its shareholders or partners by using a specified formula to compute its after-tax income; and (3) require the Small Business Administration to issue SBIC guarantees and trust certificates at periodic intervals of not less than 12 (currently six) months.

What's happening now April 5, 1999

Became Public Law No: 106-9.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1