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- S.3253
S.3253: EXCEL Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about commerce
- Introduced May 24, 2012
- Latest Major Action May 24, 2012
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Expanding Access to Capital for Entrepreneurial Leaders Act or EXCEL Act - Amends the Small Business Investment Act of 1958 to authorize the Administrator of the Small Business Administration (SBA) to guarantee the payment of up to $4 billion per fiscal year for debentures or participating securities issued by small business investment companies (SBICs) to encourage the formation and growth of small businesses. Increases the maximum amount of...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Small Business and Entrepreneurship.
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| May 24, 2012 |
Introduced in the Senate by Mary L. Landrieu (D-La.) |