Nonpartisan civic infrastructure
AllCiv·Legis1
·

S. 511

BillFederalSenateFloor Consideration
EXCEL Act
About This Bill
Floor Vote
Latest Action · September 10, 2013
Placed on Senate Legislative Calendar under General Orders. Calendar No. 168.
Introduced
March 11, 2013
Cosponsors (3)
2D 1R
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Summary

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Expanding Access to Capital for Entrepreneurial Leaders Act or the EXCEL Act - Amends the Small Business Investment Act of 1958 to authorize the Administrator of the Small Business Administration (SBA) to guarantee the payment of up to $4 billion per fiscal year for debentures or participating securities issued by small business investment companies (SBICs) to encourage the formation and growth of small businesses. Increases from $225 million to $350 million the maximum amount of outstanding leverage for two or more commonly-controlled SBICs.

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