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bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Senate Committee on Small Business and Entrepreneurship
    IntroducedMarch 13th, 2013

Bill Details

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Title

Small Business Investment Company Modernization Act of 2013

Official Title

A bill to amend the Small Business Investment Act of 1958 to provide for increased limitations on leverage for multiple licenses under common control, and for other purposes.

Summary

Small Business Investment Company Modernization Act of 2013 - Amends the Small Business Investment Act of 1958 to increase from $225 million to $350 million the maximum amount of outstanding leverage to be made available by the Small Business Administration (SBA) to two or more commonly controlled small business investment companies not under capital impairment.

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