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- H.R.2489
H.R.2489: To amend the Small Business Investment Act of 1958 and the Small Business Act to include small business investment companies in the Small Business Innovation Research Program and the Small Business Technology Transfer Program, and for other purposes.
About This Bill
- Introduced May 17, 2017
- Latest Major Action May 17, 2017
Bill Sponsor
Bill Version
- Introduced in House - May 17, 2017
Bill Summary
This bill amends the Small Business Investment Act of 1958 to require the Small Business Administration (SBA), when calculating the outstanding leverage of a small business investment company (SBIC), to exclude investments made in Small Business Innovation Research (SBIR) participants and Small Business Technology Transfer (STTR) participants. (SBICs are subject to a limit on their outstanding leverage. SBIR and STTR participants are small...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 17, 2017 |
Referred to the House Committee on Small Business.
|
| May 17, 2017 |
Introduced in the House by Nydia M. Velázquez (D-N.Y.) |