H.R.3567: Small Business Investment Expansion Act of 2007

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about congress
  • Introduced Sept. 18, 2007
  • Latest Major Action Sept. 28, 2007

Bill Summary

Small Business Investment Expansion Act of 2007 - Title I: Small Business Investment Company Program - (Sec. 101) Amends the Small Business Investment Act of 1958 to increase the maximum amounts of outstanding leverage made available by the Small Business Administration (SBA) to: (1) any one small business investment company (SBIC) which provides loans to small businesses; and (2) two or more SBICs that are commonly controlled. (Sec. 102)...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.3567.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3567.

Bill Actions

Date Description
Referred to the House Committee on Small Business.
Hearings Held by Committee on Small Business Prior to Introduction and Referrel (September 6, 2007)..
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by Voice Vote.
Reported by the Committee on Small Business. H. Rept. 110-347.
Placed on the Union Calendar, Calendar No. 216.
Rules Committee Resolution H. Res. 682 Reported to House. Rule provides for consideration of H.R. 3567 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 and 10 of rule XXI. The bill shall be considered for amendment under the five- minute rule.
Rule H. Res. 682 passed House.
Considered under the provisions of rule H. Res. 682.
Rule provides for consideration of H.R. 3567 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 and 10 of rule XXI. The bill shall be considered for amendment under the five- minute rule.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 682 and Rule XVIII.
The Speaker designated the Honorable Ron Kind to act as Chairman of the Committee.
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3567.
DEBATE - Pursuant to the provisions of H. Res. 682, the Committee of the Whole proceeded with 10 minutes of debate on the Chabot amendment.
DEBATE - Pursuant to the provisions of H. Res. 682, the Committee of the Whole proceeded with 10 minutes of debate on the Inslee amendment.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3567.
The previous question was ordered pursuant to the rule.
The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.
Mr. Walberg moved to recommit with instructions to Small Business.
DEBATE - The House proceeded with 10 minutes of debate on the Walberg motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with amendments that strike sections 382 and 384 of part C in title III.
The previous question on the motion to recommit with instructions was ordered without objection.
On motion to recommit with instructions Failed by the Yeas and Nays: 183 - 213 (Roll no. 922).
On passage Passed by the Yeas and Nays: 325 - 72 (Roll no. 923).
Motion to reconsider laid on the table Agreed to without objection.
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 3567.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sept. 18, 2007

Introduced in the House by Jason Altmire (D-Pa.)

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