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H.R. 4944

BillFederalHouseIn Committee
Small Business Investment Improvement Act of 2019
About This Bill
Committee
Latest Action · October 31, 2019
Referred to the House Committee on Small Business.
Congress
116th (2019–2021)
Introduced
October 31, 2019
Sponsor
Rep. Tim BurchettR
Cosponsors (0)
None
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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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