HR 5258
107th Congress
House
Commerce
Capital investments
Finance and Financial Sector
Securities
Small business
Increased Capital Access for Growing Businesses Act
Introduced: July 26, 2002
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 19, 2002
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Jul 29, 2002
Sponsor introductory remarks on measure. (CR E1457)
Jul 26, 2002
Referred to the House Committee on Financial Services.
Jul 26, 2002
Introduced in House
Plain-English summary
Increased Capital Access for Growing Businesses Act - Amends the Investment Company Act of 1940 to redefine an "eligible portfolio company" as an issuer whose aggregate value of outstanding equity securities is not more than $1billion (thus making such companies eligible for capital investment by Business Development Companies, publicly traded companies that invest in small and medium- sized business that need access to capital).
What's happening now
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Committees of jurisdiction
2
Cosponsors
1