S. 2136 (112th): A bill to increase the maximum amount of leverage permitted under title III of the Small Business ...
...Investment Act of 1958, and for other purposes.
112th Congress, 2011–2013. Text as of Feb 28, 2012 (Introduced).
Status & Summary | PDF | Source: GPO
S 2136 IS
112th CONGRESS
2d Session
S. 2136
To increase the maximum amount of leverage permitted under title III of the Small Business Investment Act of 1958, and for other purposes.
IN THE SENATE OF THE UNITED STATES
February 28, 2012
February 28, 2012
Ms. LANDRIEU (for herself and Ms. SNOWE) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship
A BILL
To increase the maximum amount of leverage permitted under title III of the Small Business Investment Act of 1958, 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. MAXIMUM LEVERAGE UNDER TITLE III OF THE SMALL BUSINESS INVESTMENT ACT OF 1958.
(a) Authorization- For fiscal year 2013, the Administrator may make $4,000,000,000 in guarantees of debentures for programs under title III of the Small Business Investment Act of 1958 (15 U.S.C. 681 et seq.).
(b) Family of Funds- 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’.