Small Business Capital Formation Enhancement Act

Bill: 114-hr-4168
Sponsor: full_name: Rep. Poliquin, Bruce [R-ME-2]
Introduced: 2015-12-03
Policy area: Commerce
Subjects: Business investment and capital

Government studies and investigations

Securities and Exchange Commission (SEC)

Small business
Latest action: action_date: 2016-02-03
text: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 361.

Summaries:
action_date: 2015-12-03
action_desc: Introduced in House
text: <p><b>Small Business Capital Formation Enhancement Act</b></p> <p>This bill amends the Small Business Investment Incentive Act of 1980 with respect to the annual government-business forum of the Securities and Exchange Commission (SEC) to review the current status of problems and programs relating to small business capital formation.</p> <p>The SEC shall review each of the forum's findings and recommendations and issue a public statement promptly assessing it and disclosing the action, if any, the SEC intends to take with respect to it.</p>

action_date: 2016-02-01
action_desc: Passed 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 Capital Formation Enhancement Act</b></p> <p>(Sec. 2) This bill amends the Small Business Investment Incentive Act of 1980 with respect to the annual government-business forum of the Securities and Exchange Commission (SEC) to review the current status of problems and programs relating to small business capital formation.</p> <p>The SEC shall review each of the forum's findings and recommendations and issue a public statement promptly assessing it and disclosing the action, if any, the SEC intends to take with respect to it.</p>

tv_txt: I 114th CONGRESS 1st Session H. R. 4168 IN THE HOUSE OF REPRESENTATIVES December 3, 2015 Mr. Poliquin (for himself and Mr. Vargas ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Small Business Investment Incentive Act of 1980 to require an annual review by the Securities and Exchange Commission of the annual government-business forum on capital formation that is held pursuant to such Act.

1. Short title This Act may be cited as the Small Business Capital Formation Enhancement Act . 2. Annual review of government-business forum on capital formation Section 503 of the Small Business Investment Incentive Act of 1980 ( 15 U.S.C. 80c–1 ) is amended by adding at the end the following: (e) The Commission shall— (1) review the findings and recommendations of the forum; and (2) each time the forum submits a finding or recommendation to the Commission, promptly issue a public statement— (A) assessing the finding or recommendation of the forum; and (B) disclosing the action, if any, the Commission intends to take with respect to the finding or recommendation. .

tv_txt: I 114th CONGRESS 2d Session H. R. 4168 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the Small Business Investment Incentive Act of 1980 to require an annual review by the Securities and Exchange Commission of the annual government-business forum on capital formation that is held pursuant to such Act.

1. Short title This Act may be cited as the Small Business Capital Formation Enhancement Act . 2. Annual review of government-business forum on capital formation Section 503 of the Small Business Investment Incentive Act of 1980 ( 15 U.S.C. 80c–1 ) is amended by adding at the end the following: (e) The Commission shall— (1) review the findings and recommendations of the forum; and (2) each time the forum submits a finding or recommendation to the Commission, promptly issue a public statement— (A) assessing the finding or recommendation of the forum; and (B) disclosing the action, if any, the Commission intends to take with respect to the finding or recommendation. .

Passed the House of Representatives February 1, 2016. Karen L. Haas, Clerk.

tv_txt: II Calendar No. 361 114th CONGRESS 2d Session H. R. 4168 IN THE SENATE OF THE UNITED STATES February 2, 2016 Received; read the first time February 3, 2016 Read the second time and placed on the calendar AN ACT To amend the Small Business Investment Incentive Act of 1980 to require an annual review by the Securities and Exchange Commission of the annual government-business forum on capital formation that is held pursuant to such Act.

1. Short title This Act may be cited as the Small Business Capital Formation Enhancement Act . 2. Annual review of government-business forum on capital formation Section 503 of the Small Business Investment Incentive Act of 1980 ( 15 U.S.C. 80c–1 ) is amended by adding at the end the following: (e) The Commission shall— (1) review the findings and recommendations of the forum; and (2) each time the forum submits a finding or recommendation to the Commission, promptly issue a public statement— (A) assessing the finding or recommendation of the forum; and (B) disclosing the action, if any, the Commission intends to take with respect to the finding or recommendation. .

Passed the House of Representatives February 1, 2016. Karen L. Haas, Clerk

February 3, 2016 Read the second time and placed on the calendar

tv_txt: IB Union Calendar No. 312 114th CONGRESS 2d Session H. R. 4168 [Report No. 114–409] IN THE HOUSE OF REPRESENTATIVES December 3, 2015 Mr. Poliquin (for himself and Mr. Vargas ) introduced the following bill; which was referred to the Committee on Financial Services February 1, 2016 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 Incentive Act of 1980 to require an annual review by the Securities and Exchange Commission of the annual government-business forum on capital formation that is held pursuant to such Act.

1. Short title This Act may be cited as the Small Business Capital Formation Enhancement Act . 2. Annual review of government-business forum on capital formation Section 503 of the Small Business Investment Incentive Act of 1980 ( 15 U.S.C. 80c–1 ) is amended by adding at the end the following: (e) The Commission shall— (1) review the findings and recommendations of the forum; and (2) each time the forum submits a finding or recommendation to the Commission, promptly issue a public statement— (A) assessing the finding or recommendation of the forum; and (B) disclosing the action, if any, the Commission intends to take with respect to the finding or recommendation. .

February 1, 2016 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed