HR 4944 · 116th Congress · Commerce

Small Business Investment Improvement Act of 2019

Introduced 2019-10-31· Sponsored by Rep. Burchett, Tim [R-TN-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2019-10-31)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Investment Improvement Act of 2019 This bill directs the Small Business Administration to approve or decline an applicant seeking a license to operate as a small business investment company (SBIC) within certain specified timelines, and it requires an applicant to successfully pass a Federal Bureau of Investigation background check before it may become an SBIC.…

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