To amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.
Sponsors
Legislative Progress
Passed HouseMs. Chu (for herself and Mr. Garbarino) introduced the following …
Passed House (inferred from eh version)
Summary
What This Bill Does
Increases the amount that banks can invest in Small Business Investment Companies (SBICs) from 5% to 15% of capital and surplus, tripling the investment ceiling.
Who Benefits and How
SBICs gain access to more capital from banks. Small businesses benefit from increased SBIC investment capacity. Banks can deploy more capital to small business financing.
Who Bears the Burden and How
Banks take on additional concentration risk if they increase SBIC investments. Regulators may need to monitor increased exposures.
Key Provisions
- Raises investment limit from 5% to 15% of bank capital
- Applies to paragraph (1) and (2) investments
- Increases capital availability for SBICs
- Enables more bank investment in small businesses
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Increases bank investment limits in SBICs from 5% to 15%
Policy Domains
Legislative Strategy
"Increase small business capital availability through bank SBIC investments"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology