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H.R. 1973

BillFederalHouseIn Committee
Business Development Company Modernization Act
About This Bill
Committee
Latest Action · October 23, 2013
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Congress
113th (2013–2015)
Introduced
May 14, 2013
Cosponsors (0)
None
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Summary

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Business Development Company Modernization Act - Amends the Investment Company Act of 1940 to allow business development companies to invest in: (1) a registered investment adviser or investment adviser to an investment company, or (2) an eligible portfolio company (generally, a small- or middle-market financial service company).

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