H.R. 10353 · 119th Congress
SBIC Reporting Modernization Act of 2026
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R
FinstadSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the Small Business Administration (SBA) to report quarterly on its website specified information about Small Business Investment Companies (SBICs), such as the amount of SBA-guaranteed financing SBICs receive. SBICs are privately owned companies, licensed and regulated by the SBA, which invest in small businesses through debt and equity.
What it does: CRS summary · Reported to House · Oct 9, 2026
SBIC Reporting Modernization Act of 2026
This bill requires the Small Business Administration (SBA) to report quarterly on its website specified information about Small Business Investment Companies (SBICs), such as the amount of SBA-guaranteed financing SBICs receive. SBICs are privately owned companies, licensed and regulated by the SBA, which invest in small businesses through debt and equity.
The quarterly report must include (1) elements of the SBA's annual report, such as the number of licensed SBICs and the amount of government leverage each has received; (2) the number of SBIC applicants approved; and (3) the number of jobs created or sustained as a result of SBIC investments. (In general, an SBIC may receive $2 of SBA-guaranteed financing for every $1 in private capital the SBIC raises, subject to a $150 million limit).
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: SBIC Reporting Modernization Act of 2026
Latest action (Oct 9, 2026): Placed on the Union Calendar, Calendar No. 742.
Policy area: Commerce · Origin: House · Introduced: Sep 14, 2026
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.