S.552: Small Business Investment Capital Company Act of 2015

About This Bill

  • Introduced Feb. 24, 2015
  • Latest Major Action May 26, 2016

Bill Sponsor

Bill Summary

Small Business Investment Company Capital Act of 2015 (Sec. 2) 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 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

There is one statement associated with S.552.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.552.

Bill Actions

Date Description
May 26, 2016
By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-265.
June 10, 2015
Placed on Senate Legislative Calendar under General Orders. Calendar No. 104.
June 10, 2015
Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment. Without written report.
April 23, 2015
Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
Feb. 24, 2015
Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR S1078)
Feb. 24, 2015

Introduced in the Senate by Jim Risch (R-Idaho)

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