Skip to main content
HR 4267 115th Congress House Finance and Financial Sector Administrative law and regulatory procedures Business investment and capital Financial services and investments Government information and archives Licensing and registrations Securities Securities and Exchange Commission (SEC) Small business

Small Business Credit Availability Act

Introduced: March 7, 2018 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 24, 2018
Placed on the Union Calendar, Calendar No. 495.
Apr 24, 2018
Reported by the Committee on Financial Services. H. Rept. 115-646.
Nov 15, 2017
Ordered to be Reported by the Yeas and Nays: 58 - 2.
Nov 15, 2017
Committee Consideration and Mark-up Session Held.
Nov 7, 2017
Referred to the House Committee on Financial Services.
Nov 7, 2017
Introduced in House
Nov 3, 2017
Hearings Held by the Subcommittee on Capital Markets Prior to Introduction and Referral.
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Small Business Credit Availability Act

This bill amends the Investment Company Act of 1940 to reduce the required asset-coverage ratio applicable to a Business Development Company (BDC) from 200% to 150% if: (1) the BDC makes specified disclosures on its website and to the Securities and Exchange Commission (SEC); and (2) the modified asset-coverage ratio is approved by the required majority of the BDC's directors, general partners, or shareholders (as applicable).

The SEC must allow BDCs to use securities offering and proxy rules that are available to other issuers.

What's happening now April 24, 2018

Placed on the Union Calendar, Calendar No. 495.

 Related & companion bills 3
  • HR 1625 Related bill Consolidated Appropriations Act, 2018
  • S 2324 Related bill Small Business Credit Availability Act
  • HR 10 Related bill Financial CHOICE Act of 2017
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 18
All 18 Democratic 7 Republican 6
R
Fitzpatrick, Brian K.
Pennsylvania · Mar 19, 2018
Graves, Tom
· Mar 14, 2018
 D
Foster, Bill
Illinois · Mar 7, 2018
Hultgren, Randy
· Mar 7, 2018
 R
Budd, Ted
North Carolina · Mar 5, 2018
 R
Emmer, Tom
Minnesota · Mar 5, 2018
 D
Meeks, Gregory W.
New York · Mar 5, 2018
 D
Gottheimer, Josh
New Jersey · Feb 7, 2018
Messer, Luke
· Feb 7, 2018
 R
Tenney, Claudia
New York · Dec 4, 2017
 R
Williams, Roger
Texas · Dec 4, 2017
 D
Beatty, Joyce
Ohio · Nov 14, 2017
 D
Himes, James A.
Connecticut · Nov 14, 2017
ROYCE, ED
· Nov 14, 2017
 R
Wagner, Ann
Missouri · Nov 14, 2017
McHenry, Patrick
· Nov 7, 2017
 D
Moore, Gwen
Wisconsin · Nov 7, 2017
 D
Sherman, Brad
California · Nov 7, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4267: Small Business Credit Availability Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4267/
MLA
"H.R. 4267: Small Business Credit Availability Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4267/.
Bluebook (legal)
H.R. 4267, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4267/.
Markdown link
[H.R. 4267: Small Business Credit Availability Act](https://openamerica.io/bill/115-HR-4267/)
Report a problem