H.R. 6504 (112th): Small Business Investment Company Modernization Act of 2012

112th Congress, 2011–2013. Text as of Sep 21, 2012 (Introduced).

Status & Summary | PDF | Source: GPO

HR 6504 IH

112th CONGRESS

2d Session

H. R. 6504

To amend the Small Business Investment Act of 1958 to provide for increased limitations on leverage for multiple licenses under common control, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

September 21, 2012

Mr. CHABOT (for himself, Mrs. ELLMERS, and Mr. CICILLINE) introduced the following bill; which was referred to the Committee on Small Business

A BILL

To amend the Small Business Investment Act of 1958 to provide for increased limitations on leverage for multiple licenses under common control, and for other purposes.

    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 Company Modernization Act of 2012’.

SEC. 2. IN GENERAL.

    Section 303(b)(2)(B) of the Small Business Investment Act of 1958 (15 U.S.C. 683(b)(2)(B)) is amended by striking ‘$225,000,000’ and inserting ‘$350,000,000’.