SBIC Reporting Modernization Act of 2026
Latest action · Oct 9, 2026 Placed on the Union Calendar, Calendar No. 742.
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 14, 2026
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
SBIC Reporting Modernization Act of 2026
This bill requires the Small Business Administration (SBA) to report quarterly on its website specified information about Small Business Investment Companies (SBICs), such as the amount of SBA-guaranteed financing SBICs receive. SBICs are privately owned companies, licensed and regulated by the SBA, which invest in small businesses through debt and equity.
The quarterly report must include (1) elements of the SBA's annual report, such as the number of licensed SBICs and the amount of government leverage each has received; (2) the number of SBIC applicants approved; and (3) the number of jobs created or sustained as a result of SBIC investments. (In general, an SBIC may receive $2 of SBA-guaranteed financing for every $1 in private capital the SBIC raises, subject to a $150 million limit).
Cosponsors 1
Members who signed on, in the order they did. All signed on Sep 14, 2026.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MN | Kelly Morrison | Original | Sep 14, 2026 |
Actions 6
Everything that happened, newest first.
- Oct 9, 2026Placed on the Union Calendar, Calendar No. 742.
- Oct 9, 2026Reported by the Committee on Small Business. H. Rept. 119-845.
- Sep 16, 2026Committee Consideration and Mark-up Session Held
- Sep 16, 2026Ordered to be Reported by the Yeas and Nays: 23 - 0.
- Sep 14, 2026Introduced in House
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 2
Each version as it was printed, newest first.
- Oct 9, 2026Reported in House
- Sep 14, 2026Introduced 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.