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S. 552 (114th): Small Business Investment Capital Company Act of 2015

The text of the bill below is as of Feb 24, 2015 (Introduced).


II

114th CONGRESS

1st Session

S. 552

IN THE SENATE OF THE UNITED STATES

February 24, 2015

(for himself, Mr. Cardin, Ms. Ayotte, and Mrs. Shaheen) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship

A BILL

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

1.

Short title

This Act may be cited as the Small Business Investment Capital Company Act of 2015.

2.

Increased limitations on leverage for multiple licenses under common control

Section 303(b)(2) 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.