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S. 1975

BillFederalSenateIn Committee
A bill to require the Small Business Administration to issue licenses under the Small Business Investment Act of 1958 within particular time frames, and for other purposes.
About This Bill
Committee
Latest Action · June 26, 2019
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Congress
116th (2019–2021)
Introduced
June 26, 2019
Cosponsors (8)
2D 6R
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Summary

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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.

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