Small Business Investment Company Modernization Act of 2012
Latest action · Dec 19, 2012 Received in the Senate.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 21, 2012
- Passed HouseDec 18, 2012
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Small Business Investment Company Modernization Act of 2012 - Amends the Small Business Investment Act of 1958 to increase from $225 million to $350 million the maximum amount of outstanding leverage to be made available by the Small Business Administration (SBA) to two or more commonly controlled small business investment companies not under capital impairment.
Recorded votes 1
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 629 | On Motion to Suspend the Rules and Pass | Passed359–36 | Dec 18, 2012 |
Cosponsors 7
Members who signed on, in the order they did. Signatures ran from Sep 21, 2012 to Dec 11, 2012; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-RI | David N. Cicilline | Original | Sep 21, 2012 |
| R-NC | Renee L. Ellmers | Original | Sep 21, 2012 |
| D-LA | Cedric L. Richmond | Dec 7, 2012 | |
| D-MI | Gary C. Peters | Dec 7, 2012 | |
| D-CA | Judy Chu | Dec 7, 2012 | |
| D-OR | Kurt Schrader | Dec 7, 2012 | |
| D-MA | William R. Keating | Dec 11, 2012 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Small Business Committee | Referred Sep 21, 2012 |
Actions 10
Everything that happened, newest first.
- Dec 19, 2012Received in the Senate.
- Dec 18, 2012Mr. Chabot moved to suspend the rules and pass the bill.
- Dec 18, 2012Considered under suspension of the rules. (consideration: CR H6838-6840)
- Dec 18, 2012DEBATE - The House proceeded with forty minutes of debate on H.R. 6504.
- Dec 18, 2012At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Chabot objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
- Dec 18, 2012Considered as unfinished business. (consideration: CR H6852-6853)
- Dec 18, 2012Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 359 - 36, 1 Present (Roll no. 629). (text: CR H6838)
- Dec 18, 2012Motion to reconsider laid on the table Agreed to without objection.
- Sep 21, 2012Introduced in House
- Sep 21, 2012Referred to the House Committee on Small Business.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H6838–H6840Text printed H6838Recorded votes H6852enact | David N. Cicilline D-RI, Nydia M. Velázquez D-NY, Steve Chabot R-OH | Dec 18, 2012 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the page H6278.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R41456 | SBA Small Business Investment Company Program | Report | Apr 7, 2022 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Small Business Investment Act of 1958 to provide for increased limitations on leverage for multiple licenses under common control, and for other purposes.
- Short Titles as Introduced
- Small Business Investment Company Modernization Act of 2012
- Short Titles as Passed House
- Small Business Investment Company Modernization Act of 2012
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 3
Each version as it was printed, newest first.
- Dec 19, 2012Received in Senate
- Dec 18, 2012Engrossed in House
- Sep 21, 2012Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
