Small Business Investment Opportunity Act of 2017

Bill: 115-hr-2333
Sponsor: full_name: Rep. Knight, Stephen [R-CA-25]
Introduced: 2017-05-03
Policy area: Commerce
Subjects: Business investment and capital

Government lending and loan guarantees

Small business
Latest action: action_date: 2018-06-21
text: Became Public Law No: 115-187.

Summaries:
action_date: 2017-05-03
action_desc: Introduced in House
text: <p><b>Small Business Investment Opportunity Act of 2017</b></p> <p>This bill amends the Small Business Investment Act of 1958 to increase the maximum amount of outstanding leverage (i.e., borrowing power) made available to any licensed small business investment company from $150 million to $175 million.</p>

action_date: 2017-07-12
action_desc: Reported to House with amendment(s)
text: <p><b>Small Business Investment Opportunity Act of 2017</b></p> <p>(Sec. 2) This bill amends the Small Business Investment Act of 1958 to increase the maximum amount of outstanding leverage (i.e., borrowing power) made available to any licensed small business investment company from $150 million to $175 million.</p>

action_date: 2017-07-24
action_desc: Passed House amended
text: <p>(This measure has not been amended since it was reported to the House on July 12, 2017. The summary of that version is repeated here.)</p> <p><b>Small Business Investment Opportunity Act of 2017</b></p> <p>(Sec. 2) This bill amends the Small Business Investment Act of 1958 to increase the maximum amount of outstanding leverage (i.e., borrowing power) made available to any licensed small business investment company from $150 million to $175 million.</p>

action_date: 2018-06-21
action_desc: Public Law
text: <p><b>Small Business Investment Opportunity Act of 2017</b></p> <p>(Sec. 2) This bill amends the Small Business Investment Act of 1958 to increase the maximum amount of outstanding leverage (i.e., borrowing power) made available to any licensed small business investment company from $150 million to $175 million.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 2333 IN THE HOUSE OF REPRESENTATIVES May 3, 2017 Mr. Knight (for himself, Mr. Curbelo of Florida , and Ms. Judy 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 increase the amount of leverage made available to small business investment companies.

1. Short title This Act may be cited as the Small Business Investment Opportunity Act of 2017 . 2. Individual SBIC leverage limit increase Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 ( 15 U.S.C. 682(b)(2)(A)(ii) ) is amended by striking $150,000,000 and inserting $175,000,000 .

tv_txt: IB 115th CONGRESS 1st Session H. R. 2333 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the Small Business Investment Act of 1958 to increase the amount of leverage made available to small business investment companies.

1. Short title This Act may be cited as the Small Business Investment Opportunity Act of 2017 . 2. Individual SBIC leverage limit increase Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 ( 15 U.S.C. 683(b)(2)(A)(ii) ) is amended by striking $150,000,000 and inserting $175,000,000 .

Passed the House of Representatives July 24, 2017. Karen L. Haas, Clerk.

tv_txt: IIB 115th CONGRESS 1st Session H. R. 2333 IN THE SENATE OF THE UNITED STATES July 25, 2017 Received; read twice and referred to the Committee on Small Business and Entrepreneurship AN ACT To amend the Small Business Investment Act of 1958 to increase the amount of leverage made available to small business investment companies.

1. Short title This Act may be cited as the Small Business Investment Opportunity Act of 2017 . 2. Individual SBIC leverage limit increase Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 ( 15 U.S.C. 683(b)(2)(A)(ii) ) is amended by striking $150,000,000 and inserting $175,000,000 .

Passed the House of Representatives July 24, 2017. Karen L. Haas, Clerk

tv_txt: IB Union Calendar No. 151 115th CONGRESS 1st Session H. R. 2333 [Report No. 115–215] IN THE HOUSE OF REPRESENTATIVES May 3, 2017 Mr. Knight (for himself, Mr. Curbelo of Florida , and Ms. Judy Chu of California ) introduced the following bill; which was referred to the Committee on Small Business July 12, 2017 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed Strike out all after the enacting clause and insert the part printed in italic For text of introduced bill, see copy of bill as introduced on May 3, 2017 A BILL To amend the Small Business Investment Act of 1958 to increase the amount of leverage made available to small business investment companies.

1. Short title This Act may be cited as the Small Business Investment Opportunity Act of 2017 . 2. Individual SBIC leverage limit increase Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 ( 15 U.S.C. 683(b)(2)(A)(ii) ) is amended by striking $150,000,000 and inserting $175,000,000 .

July 12, 2017 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed

tv_txt: IB One Hundred Fifteenth Congress of the United States of America At the Second Session Begun and held at the City of Washington on Wednesday, the third day of January, two thousand and eighteen H. R. 2333 AN ACT To amend the Small Business Investment Act of 1958 to increase the amount of leverage made available to small business investment companies.

1. Short title This Act may be cited as the Small Business Investment Opportunity Act of 2017 . 2. Individual SBIC leverage limit increase Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 ( 15 U.S.C. 683(b)(2)(A)(ii) ) is amended by striking $150,000,000 and inserting $175,000,000 .

Speaker of the House of Representatives. Vice President of the United States and President of the Senate.