HR 3567 · 110th Congress · Commerce
Small Business Investment Expansion Act of 2007
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.(2007-09-28)
Recorded Votes
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Plain Language Summary
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Small Business Investment Expansion Act of 2007 - Amends the Small Business Investment Act of 1958 to, among other things: (1) increase small business investment company investment limits for women-owned and socially disadvantaged small businesses; (2) provide increased capital investment requirements with respect to companies engaged in the development of, and investment in, small manufacturers; (3) require a study on the availability of equity capital in low-income urban and rural areas; (4) require the Administrator of the Small Business Administration (SBA) to make operational assistance grants to conditionally approved companies for investment in small businesses; (5) provide a streamlined application process with respect to the new markets venture capital program; (6) extend the authorization of appropriations for grants and loan guarantees for companies engaged in the development of and investment in small manufacturers; (7) establish within the SBA an Office of Angel Investment to provide financing to angel groups for making investments in local or regional small businesses; (8) require a study of the funding structure of the SBA's surety bond program; and (9) require the A…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 3567, Small Business Investment Expansion Act of 2007
Sep 24, 2007<p>Cost estimate for the bill as ordered reported by the House Committee on Small Business on September 20, 2007</p>
Full CBO report ↗H.R. 3567, Small Business Investment Expansion Act of 2007
Sep 24, 2007Cost estimate for the bill as ordered reported by the House Committee on Small Business on September 20, 2007
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (3)
2 Democrats1 Republican