Skip to main content
S 2188 116th Congress Senate Commerce Administrative remedies Business investment and capital Licensing and registrations Small Business Administration Small business

SBIC Licensing Improvement Act

Introduced: July 18, 2019 Introduced by: Hawley, Josh Republican · Missouri See on congress.gov
Sign in to write a letter Sign in to watch
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
Jul 18, 2019
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jul 18, 2019
Introduced in Senate
 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

SBIC Licensing Improvement Act

This bill modifies the timeline and creates an appeals process for the approval or disapproval of Small Business Investment Company (SBIC) license applications.

Specifically, when an application to be licensed as an SBIC is approved, the bill requires the Small Business Administration to issue such license within 10 business days. The bill also (1) authorizes an applicant whose application is denied to request a written decision for the disapproval, and (2) establishes an appeals process for such applicant. Lastly, the bill allows a state development company that meets certain qualifications to apply for an SBIC license.

What's happening now July 18, 2019

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Coons, Christopher A.
Delaware · Jul 18, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2188: SBIC Licensing Improvement Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-2188/
MLA
"S. 2188: SBIC Licensing Improvement Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2188/.
Bluebook (legal)
S. 2188, 116th Cong. (2026), https://openamerica.io/bill/116-S-2188/.
Markdown link
[S. 2188: SBIC Licensing Improvement Act](https://openamerica.io/bill/116-S-2188/)
Report a problem