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- S.1995
S.1995: Spurring Business in Communities Act of 2018
About This Bill
- Introduced Oct. 24, 2017
- Latest Major Action Dec. 20, 2018
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Versions
- Reported to Senate - March 19, 2018
- Introduced in Senate - Oct. 24, 2017
Bill Summary
Spurring Business in Communities Act of 2018 (Sec. 2) This bill amends the Small Business Investment Act of 1958 to: require the Small Business Administration (SBA), in reviewing and processing an entity's application to become a small business investment company (SBIC), to give first priority to an SBIC applicant located in an underlicensed state (i.e., a state in which the number of licensees per capita is less than the median number of...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| Dec. 20, 2018 |
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-449.
|
| March 19, 2018 |
Placed on Senate Legislative Calendar under General Orders. Calendar No. 350.
|
| March 19, 2018 |
Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment. Without written report.
|
| March 14, 2018 |
Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
|
| Oct. 24, 2017 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| Oct. 24, 2017 |
Introduced in the Senate by Marco Rubio (R-Fla.) |