S 2521
117th Congress
Senate
Commerce
Advisory bodies
Business investment and capital
Congressional oversight
Minority and disadvantaged businesses
Poverty and welfare assistance
Rural conditions and development
Small business
SBIC Advisory Committee Act of 2022
Introduced: July 28, 2021
See on congress.gov
Everywhere this bill has been
13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2022
Held at the desk.
Sep 29, 2022
Received in the House.
Sep 29, 2022
Message on Senate action sent to the House.
Sep 28, 2022
Passed Senate with an amendment and an amendment to the Title by Voice Vote. (text of amendment in the nature of a substitute: CR S5169-5170)
Sep 28, 2022
Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Voice Vote.
Sep 28, 2022
The committee substitute withdrawn by Unanimous Consent.
Sep 28, 2022
Measure laid before Senate by unanimous consent. (consideration: CR S5168)
May 3, 2022
By Senator Cardin from Committee on Small Business and Entrepreneurship filed written report. Report No. 117-105. Minority views filed.
Feb 17, 2022
Placed on Senate Legislative Calendar under General Orders. Calendar No. 280.
Feb 17, 2022
Committee on Small Business and Entrepreneurship. Reported by Senator Cardin with an amendment in the nature of a substitute and an amendment to the title. Without written report.
Feb 15, 2022
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Jul 28, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jul 28, 2021
Introduced in Senate
Plain-English summary
SBIC Advisory Committee Act of 2022
This bill requires the Small Business Administration (SBA) to establish an advisory committee to develop recommendations for expanding SBA assistance provided through Small Business Investment Companies (SBICs). SBICs are privately owned companies, licensed and regulated by the SBA, which invest in small businesses through debt and equity.
Composed in part of representatives of and partners with small businesses in low-income communities and rural areas, the advisory committee must make recommendations for SBICs to invest in (1) underlicensed and underfinanced states; and (2) small businesses owned by socially or economically disadvantaged individuals, veterans, and women.
What's happening now
Held at the desk.
Committees of jurisdiction
1