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H.R. 5968 · 114th Congress

Small Business Investment Opportunity Act of 2016

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 1 D, 1 R

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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 (SBIC) from $150 million to $170 million.

What it does: CRS summary · Introduced in House · Sep 8, 2016

Small Business Investment Opportunity Act of 2016

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 (SBIC) from $150 million to $170 million.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Small Business Investment Opportunity Act of 2016

Latest action (Sep 8, 2016): Referred to the House Committee on Small Business.

Policy area: Commerce · Origin: House · Introduced: Sep 8, 2016

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.