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- S.1759
S.1759: MicroCap Small Business Investing Act of 2021
About This Bill
- Introduced May 20, 2021
- Latest Major Action Oct. 27, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Version
- Introduced in Senate - May 20, 2021
Bill Summary
MicroCap Small Business Investing Act of 2021 This bill authorizes the Small Business Administration (SBA) to issue up to ten Small Business Investment Company (SBIC) licenses each year to certain applicants. An SBIC is a privately owned company, licensed and regulated by the SBA, which invests in small businesses through debt and equity. A license issued under the bill must be awarded to an applicant that would otherwise be issued a license...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 27, 2021 |
Committee on Small Business and Entrepreneurship. Hearings held.
|
| June 9, 2021 |
Committee on Small Business and Entrepreneurship. Hearings held.
|
| May 20, 2021 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| May 20, 2021 |
Introduced in the Senate by John Hickenlooper (D-Colo.) |