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S. 1975

Small Business Investment Improvement Act of 2019

Small Business Investment Improvement Act of 2019

This bill directs the Small Business Administration to approve or decline an applicant seeking a license to operate as a small business investment company (SBIC) within certain specified timelines, and it requires an applicant to successfully pass a Federal Bureau of Investigation background check before it may become an SBIC.

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Sen. Risch, James E. [R-ID](R-ID)Sponsor
8 cosponsors2 D6 R
8cosponsors1committees2actions1related bills4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Small Business and Entrepreneurship Committee
  2. IntroReferral10000

    Introduced in Senate

Small Business Investment Improvement Act of 2019 — Informed