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Small Business Investment Improvement Act of 2019

Introduced: June 26, 2019 Introduced by: Risch, James E. Republican · Idaho See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 26, 2019
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 26, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

Small Business Investment Improvement Act of 2019

This bill directs the Small Business Administration to approve or decline an applicant seeking a license to operate as a small business investment company (SBIC) within certain specified timelines, and it requires an applicant to successfully pass a Federal Bureau of Investigation background check before it may become an SBIC.

What's happening now June 26, 2019

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Related & companion bills 1
  • HR 4944 Identical bill Small Business Investment Improvement Act of 2019
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 8
All 8 Democratic 2 Republican 6
R
Ernst, Joni
Iowa · Jul 22, 2019
 R
Kennedy, John
Louisiana · Jul 22, 2019
 D
Booker, Cory A.
New Jersey · Jun 26, 2019
 R
Capito, Shelley Moore
West Virginia · Jun 26, 2019
 R
Crapo, Mike
Idaho · Jun 26, 2019
 D
Duckworth, Tammy
Illinois · Jun 26, 2019
 R
Scott, Tim
South Carolina · Jun 26, 2019
 R
Young, Todd
Indiana · Jun 26, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1975: Small Business Investment Improvement Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-1975/
MLA
"S. 1975: Small Business Investment Improvement Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-1975/.
Bluebook (legal)
S. 1975, 116th Cong. (2026), https://openamerica.io/bill/116-S-1975/.
Markdown link
[S. 1975: Small Business Investment Improvement Act of 2019](https://openamerica.io/bill/116-S-1975/)
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