Small Business Investment Capital Company Act of 2015

Bill: 114-s-552
Sponsor: full_name: Sen. Risch, James E. [R-ID]
Introduced: 2015-02-24
Policy area: Commerce
Subjects: Business investment and capital

Government lending and loan guarantees

Small business
Latest action: action_date: 2016-05-26
text: By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-265.

Summaries:
action_date: 2015-02-24
action_desc: Introduced in Senate
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: 2015-06-10
action_desc: Reported to Senate with amendment(s)
text: <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: II 114th CONGRESS 1st Session S. 552 IN THE SENATE OF THE UNITED STATES February 24, 2015 Mr. Risch (for himself, Mr. Cardin , Ms. Ayotte , and Mrs. Shaheen ) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship 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 Capital Company Act of 2015 . 2. Increased limitations on leverage for multiple licenses under common control Section 303(b)(2) 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: II Calendar No. 104 114th CONGRESS 1st Session S. 552 IN THE SENATE OF THE UNITED STATES February 24, 2015 Mr. Risch (for himself, Mr. Cardin , Ms. Ayotte , Mrs. Shaheen , and Mr. Vitter ) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship June 10, 2015 Reported by Mr. Vitter , with an amendment Insert the part printed in italic 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 Capital Company 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 10, 2015 Reported with an amendment