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- S.2136
S.2136: A bill to increase the maximum amount of leverage permitted under title III of the Small Business Investment Act of 1958, and for other purposes.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about commerce
- Introduced Feb. 28, 2012
- Latest Major Action Feb. 28, 2012
Bill Sponsor
Bill Cosponsor
Bill Summary
Authorizes the Administrator of the Small Business Administration (SBA) to make $4 billion in guarantees of debentures of small business investment companies (SBICs) for programs under title III of the Small Business Investment Act of 1958 (the Act). Amends the Act to increase from $225 million to $350 million the maximum amount of outstanding leverage to be made available by the SBA to two or more commonly-controlled SBICs.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
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| Feb. 28, 2012 |
Introduced in the Senate by Mary L. Landrieu (D-La.) |