H.R. 1973 · 113th Congress
Business Development Company Modernization Act
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
MulvaneySponsorNo cosponsors.
Business Development Company Modernization Act - Amends the Investment Company Act of 1940 to allow business development companies to invest in: (1) a registered investment adviser or investment adviser to an investment company, or (2) an eligible portfolio company (generally, a small- or middle-market financial service company).
What it does: CRS summary · Introduced in House · May 14, 2013
Business Development Company Modernization Act - Amends the Investment Company Act of 1940 to allow business development companies to invest in: (1) a registered investment adviser or investment adviser to an investment company, or (2) an eligible portfolio company (generally, a small- or middle-market financial service company).
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Business Development Company Modernization Act
Latest action (Oct 23, 2013): Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 14, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.