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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 Working Group Act of 2021

Introduced: July 28, 2021 See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 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The committee substitute withdrawn by Unanimous Consent.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
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

1 agreed to

AmendmentSponsorPurposeStatusLatest action
SAMDT 6,029 — In the nature of a substitute. Agreed to Sep 28, 2022
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 Plain-English summary Congressional Research Service

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 September 29, 2022

Held at the desk.

 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Coons, Christopher A.
Delaware · Feb 17, 2022
 R
Risch, James E.
Idaho · Jul 28, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2521: SBIC Advisory Committee Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-S-2521/
MLA
"S. 2521: SBIC Advisory Committee Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2521/.
Bluebook (legal)
S. 2521, 117th Cong. (2026), https://openamerica.io/bill/117-S-2521/.
Markdown link
[S. 2521: SBIC Advisory Committee Act of 2022](https://openamerica.io/bill/117-S-2521/)
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