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Senate Bill 2527
115th Congress(2017-2018)
Small Business Investment Opportunity Act of 2018
Introduced
Introduced
Introduced in Senate on Mar 8, 2018
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S. 2527 (Introduced-in-Senate)


115th CONGRESS
2d Session
S. 2527


To amend the Small Business Investment Act of 1958 to increase the amount of leverage made available to small business investment companies.

IN THE SENATE OF THE UNITED STATES

March 8, 2018

Mr. Cardin (for himself, Mr. Risch, and Mr. Kennedy) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship

A BILL

To amend the Small Business Investment Act of 1958 to increase the amount of leverage made available to small business investment companies.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Small Business Investment Opportunity Act of 2018”.

SEC. 2. Individual SBIC leverage limit increase.

Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 (15 U.S.C. 683(b)(2)(A)(ii)) is amended by striking “$150,000,000” and inserting “$175,000,000”.