HR 5968
114th Congress
House
Commerce
Business investment and capital
Government lending and loan guarantees
Small business
Small Business Investment Opportunity Act of 2016
Introduced: September 8, 2016
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 8, 2016
Referred to the House Committee on Small Business.
Sep 8, 2016
Introduced in House
Plain-English summary
Small Business Investment Opportunity Act of 2016
This bill amends the Small Business Investment Act of 1958 to increase the maximum amount of outstanding leverage (i.e., borrowing power) made available to any licensed small business investment company (SBIC) from $150 million to $170 million.
What's happening now
Referred to the House Committee on Small Business.
Committees of jurisdiction
1
Cosponsors
1