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H.R. 2333 (115th): Small Business Investment Opportunity Act of 2017

About the bill

Source: Republican Policy Committee

H.R. 2333 amends the Small Business Investment Act of 1958 by increasing the Individual Leverage Limit from $150 million to $175 million. The Small Business Administration (SBA) offers the Small Business Investment Company (SBIC) program, which focuses on increasing the availability of venture and private equity capital. The Individual Leverage Limit stipulates how much capital can be deployed to a small business by an SBIC that has only one fund under management. It was last increased in 2009 with the limit increasing from $137 million to the present day ...

Sponsor and status

Steve Knight

Sponsor. Representative for California's 25th congressional district. Republican.

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Last Updated: Jun 7, 2018
Length: 1 page
May 3, 2017
115th Congress, 2017–2019

Enacted — Signed by the President on Jun 21, 2018

This bill was enacted after being signed by the President on June 21, 2018.

Pub.L. 115-187

Position statements

What legislators are saying

Knight's small business bill signed into law
    — Rep. Steve Knight [R-CA25, 2015-2018] (Sponsor) on Jun 25, 2018

On the House Floor This Week - 7/24/17
    — Rep. John Delaney [D-MD6, 2013-2018] on Jul 24, 2017

The Week Ahead - scheduled votes, committee action and other important notes for the week of July 24, 2017
    — Rep. David Young [R-IA3, 2015-2018] on Jul 24, 2017

More statements at ProPublica Represent...

What stakeholders are saying

Institute for Spending Reform estimates H.R. 2333 will add $3 million in new spending through 2022.


May 3, 2017

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jun 15, 2017
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Jul 12, 2017
Reported by House Committee on Small Business

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

Jul 24, 2017
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next. The vote was by voice vote so no record of individual votes was made.

Jun 5, 2018
Passed Senate

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill. The vote was by Unanimous Consent so no record of individual votes was made.

Jun 21, 2018
Enacted — Signed by the President

The President signed the bill and it became law.

H.R. 2333 (115th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

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