Small Business Investment Company Capital Act of 2015

Bill: 114-hr-1023
Sponsor: full_name: Rep. Chabot, Steve [R-OH-1]
Introduced: 2015-02-24
Policy area: Commerce
Subjects: Business investment and capital

Government lending and loan guarantees

Small business
Latest action: action_date: 2015-07-14
text: Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 148.

Summaries:
action_date: 2015-02-24
action_desc: Introduced in House
text: <p><b>Small Business Investment Company Capital Act of 2015</b></p> <p> 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.</p>

action_date: 2015-06-25
action_desc: Reported to House without amendment
text: <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><b>Small Business Investment Company Capital Act of 2015</b></p> <p> (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.</p>

action_date: 2015-07-13
action_desc: Passed House without amendment
text: <p>(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)</p> <p><b>Small Business Investment Company Capital Act of 2015</b></p> <p> (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.</p>

tv_txt: I 114th CONGRESS 1st Session H. R. 1023 IN THE HOUSE OF REPRESENTATIVES February 24, 2015 Mr. Chabot (for himself, Mr. Bost , Mr. Collins of New York , Mrs. Ellmers of North Carolina , Mr. Hanna , Mr. Knight , Mr. Luetkemeyer , Mr. Cicilline , and Ms. Chu of California ) introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Investment Act of 1958 to provide for increased limitations on leverage for multiple licenses under common control.

1. Short title This Act may be cited as the Small Business Investment Company Capital Act of 2015 . 2. Increased limitations on leverage for multiple licenses under common control Section 303(b)(2)(B) of the Small Business Investment Act of 1958 ( 15 U.S.C. 683(b)(2)(B) ) is amended by striking $225,000,000 and inserting $350,000,000 .

tv_txt: IB Union Calendar No. 141 114th CONGRESS 1st Session H. R. 1023 [Report No. 114–189] IN THE HOUSE OF REPRESENTATIVES February 24, 2015 Mr. Chabot (for himself, Mr. Bost , Mr. Collins of New York , Mrs. Ellmers of North Carolina , Mr. Hanna , Mr. Knight , Mr. Luetkemeyer , Mr. Cicilline , and Ms. Chu of California ) introduced the following bill; which was referred to the Committee on Small Business June 25, 2015 Additional sponsors: Mr. Curbelo of Florida , Ms. Meng , Ms. Hahn , Mr. Cartwright , Mrs. Lawrence , and Mr. Gibson June 25, 2015 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed A BILL To amend the Small Business Investment Act of 1958 to provide for increased limitations on leverage for multiple licenses under common control.

1. Short title This Act may be cited as the Small Business Investment Company Capital Act of 2015 . 2. Increased limitations on leverage for multiple licenses under common control Section 303(b)(2)(B) of the Small Business Investment Act of 1958 ( 15 U.S.C. 683(b)(2)(B) ) is amended by striking $225,000,000 and inserting $350,000,000 .

June 25, 2015 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

tv_txt: IB 114th CONGRESS 1st Session H. R. 1023 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the Small Business Investment Act of 1958 to provide for increased limitations on leverage for multiple licenses under common control.

1. Short title This Act may be cited as the Small Business Investment Company Capital Act of 2015 . 2. Increased limitations on leverage for multiple licenses under common control Section 303(b)(2)(B) of the Small Business Investment Act of 1958 ( 15 U.S.C. 683(b)(2)(B) ) is amended by striking $225,000,000 and inserting $350,000,000 .

Passed the House of Representatives July 13, 2015. Karen L. Haas, Clerk.

tv_txt: II Calendar No. 148 114th CONGRESS 1st Session H. R. 1023 IN THE SENATE OF THE UNITED STATES July 14, 2015 Received; read twice and placed on the calendar AN ACT To amend the Small Business Investment Act of 1958 to provide for increased limitations on leverage for multiple licenses under common control.

1. Short title This Act may be cited as the Small Business Investment Company Capital Act of 2015 . 2. Increased limitations on leverage for multiple licenses under common control Section 303(b)(2)(B) of the Small Business Investment Act of 1958 ( 15 U.S.C. 683(b)(2)(B) ) is amended by striking $225,000,000 and inserting $350,000,000 .

Passed the House of Representatives July 13, 2015. Karen L. Haas, Clerk

July 14, 2015 Received; read twice and placed on the calendar