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- H.R.1973
H.R.1973: Business Development Company Modernization Act
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about finance and financial sector
- Introduced May 14, 2013
- Latest Major Action Oct. 23, 2013
Bill Sponsor
Bill Summary
Business Development Company Modernization Act - Amends the Investment Company Act of 1940 to allow business development companies to invest in: (1) a registered investment adviser or investment adviser to an investment company, or (2) an eligible portfolio company (generally, a small- or middle-market financial service company).
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 23, 2013 |
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
|
| May 14, 2013 |
Referred to the House Committee on Financial Services.
|
| May 14, 2013 |
Introduced in the House by Mick Mulvaney (R-S.C.) |