Library / Laws / 114th / hr / H.R. 5968 / Introduced in House
I
114th CONGRESS
2d Session
H. R. 5968
IN THE HOUSE OF REPRESENTATIVES
September 8, 2016Mr. Knight (for himself, Ms. Meng, and Mr. Curbelo of Florida) introduced the following bill; which was referred to the Committee on Small Business
A BILL
To amend the Small Business Investment Act of 1958 to increase the amount of leverage made available to small business investment companies.
1.
Short title
This Act may be cited as the Small Business Investment Opportunity Act of 2016.
2.
Individual sbic leverage limit increase
Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 (15 U.S.C. 682(b)(2)(A)(ii)) is amended by striking $150,000,000 and inserting $170,000,000.