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H.R. 2333 - Small Business Investment Opportunity Act of 2017

Introduced: 2017-07-25
Bill Status: Passed
 

(This measure has not been amended since it was reported to the House on July 12, 2017. The summary of that version is repeated here.)

Small Business Investment Opportunity Act of 2017

(Sec. 2) This bill amends the Small Business Investment Act of 1958 to increase the maximum amount of outstanding leverage (i.e., borrowing power) made available to any licensed small business investment company from $150 million to $175 million.

Full Text


H. R. 2333




AT THE SECOND SESSION

Begun and held at the City of Washington on Wednesday,
the third day of January, two thousand and eighteen

    To amend the Small Business Investment Act of 1958 to increase the amount of leverage made available to small business investment companies.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Small Business Investment Opportunity Act of 2017”.

SEC. 2. Individual SBIC leverage limit increase.

Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 (15 U.S.C. 683(b)(2)(A)(ii)) is amended by striking “$150,000,000” and inserting “$175,000,000”.

Attest:





Speaker of the House of Representatives.  

Attest:





Vice President of the United States and   
President of the Senate.

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