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H.R. 5968 (114th): Small Business Investment Opportunity Act of 2016

The text of the bill below is as of Sep 8, 2016 (Introduced).


I

114th CONGRESS

2d Session

H. R. 5968

IN THE HOUSE OF REPRESENTATIVES

September 8, 2016

(for himself, Ms. Meng, and Mr. Curbelo of Florida) 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 increase the amount of leverage made available to small business investment companies.

1.

Short title

This Act may be cited as the Small Business Investment Opportunity Act of 2016.

2.

Individual sbic leverage limit increase

Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 (15 U.S.C. 682(b)(2)(A)(ii)) is amended by striking $150,000,000 and inserting $170,000,000.