HR 5968 · 114th Congress · Commerce

Small Business Investment Opportunity Act of 2016

Introduced 2016-09-08· Sponsored by Rep. Knight, Stephen [R-CA-25]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2016-09-08)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

1 Democrat1 Republican