Small Business Investment Improvement Act of 2019

Fact Sheet API

Bill Number

S 1975

Introduced

Jun 26, 2019

Latest Action

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

Sponsor

Cosponsors

Topics

Business investment and capital Commerce Criminal justice information and records Licensing and registrations Small business

Full Text

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Votes

Summary

Small Business Investment Improvement Act of 2019

This bill directs the Small Business Administration to approve or decline an applicant seeking a license to operate as a small business investment company (SBIC) within certain specified timelines, and it requires an applicant to successfully pass a Federal Bureau of Investigation background check before it may become an SBIC.

Actions

Jun 26, 2019

Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 26, 2019

Introduced in Senate

Amendments

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