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- S.550
S.550: Small Business Investment Company Modernization Act of 2013
About This Bill
- Introduced March 13, 2013
- Latest Major Action March 14, 2013
Bill Sponsor
Bill Summary
Small Business Investment Company Modernization Act of 2013 - 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)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| March 14, 2013 |
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 113-309.
|
| March 13, 2013 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| March 13, 2013 |
Introduced in the Senate by Jim Risch (R-Idaho) |