Small Business Investment Opportunity Act of 2016

Fact Sheet API

Bill Number

HR 5968

Introduced

Sep 8, 2016

Latest Action

Referred to the House Committee on Small Business.

Sponsor

Cosponsors

Topics

Business investment and capital Commerce Government lending and loan guarantees Small business

Full Text

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Votes

Summary

Small Business Investment Opportunity Act of 2016

This bill amends the Small Business Investment Act of 1958 to increase the maximum amount of outstanding leverage (i.e., borrowing power) made available to any licensed small business investment company (SBIC) from $150 million to $170 million.

Actions

Sep 8, 2016

Referred to the House Committee on Small Business.
Sep 8, 2016

Introduced in House

Amendments

Related Bills