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- H.R.4267
H.R.4267: Small Business Credit Availability Act
About This Bill
- Introduced Nov. 7, 2017
- Latest Major Action April 24, 2018
Bill Sponsor
Bill Cosponsors
22 (11 Democrats, 11 Republicans)
Bill Versions
- Reported in House - April 24, 2018
- Introduced in House - Nov. 7, 2017
Bill Summary
Small Business Credit Availability Act This bill amends the Investment Company Act of 1940 to reduce the required asset-coverage ratio applicable to a Business Development Company (BDC) from 200% to 150% if: (1) the BDC makes specified disclosures on its website and to the Securities and Exchange Commission (SEC); and (2) the modified asset-coverage ratio is approved by the required majority of the BDC's directors, general partners, or...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| April 24, 2018 |
Placed on the Union Calendar, Calendar No. 495.
|
| April 24, 2018 |
Reported by the Committee on Financial Services. H. Rept. 115-646.
|
| Nov. 15, 2017 |
Ordered to be Reported by the Yeas and Nays: 58 - 2.
|
| Nov. 15, 2017 |
Committee Consideration and Mark-up Session Held.
|
| Nov. 7, 2017 |
Referred to the House Committee on Financial Services.
|
| Nov. 3, 2017 |
Hearings Held by the Subcommittee on Capital Markets Prior to Introduction and Referral.
|
| Nov. 7, 2017 |
Introduced in the House by Steve Stivers (R-Ohio) |