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S. 2527

Introduced

Small Business Investment Opportunity Act of 2018

Introduced 3/8/2018•115th Congress•Senate

Latest Action

By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-272.

6/7/2018 • Senate

Summary

Small Business Investment Opportunity Act of 2018

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.

Reported to Senate without amendment • 3/19/2018

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Topics & Subjects

Policy Area: Commerce
Business investment and capitalGovernment lending and loan guaranteesSmall business

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (3)

Party Breakdown

1
Democrats
2
Republicans
0
Independents

Sponsor

S[
Sen. Cardin, Benjamin L. [D-MD]

Democrat • MD

Sponsored 3/8/2018

Cosponsors (2)

S[
Sen. Risch, James E. [R-ID]

R-ID

Joined 3/8/2018

S[
Sen. Kennedy, John [R-LA]

R-LA

Joined 3/8/2018

Bill Journey

Originated in the Senate

Introduced

March 8, 2018

Committee Review

March 14, 2018

Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (2)

Reported to Senate3/19/2018
Introduced in Senate3/8/2018

Committee Reports (1)

Details

Bill TypeS
Current StatusIntroduced
Cosponsors2