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- H.R.6504
H.R.6504: Small Business Investment Company Modernization Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about commerce
- Introduced Sept. 21, 2012
- Latest Major Action Dec. 19, 2012
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (6 Democrats, 1 Republican)
Bill Summary
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.
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Small Business.
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Mr. Chabot moved to suspend the rules and pass the bill.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 6504.
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At 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 The point of no quorum was withdrawn.
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Considered as unfinished business.
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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).
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate.
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| Sept. 21, 2012 |
Introduced in the House by Steven J. Chabot (R-Ohio) |