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Amendment to Small Business Investment Limits (SBIC)

The Act amends the Small Business Investment Act of 1958. It increases the amount that may be invested in Small Business Investment Companies (SBICs) by raising the statutory limit from 5 percent to 15 percent.
Key points
Amends the Small Business Investment Act of 1958.
Increases the investment limit for Small Business Investment Companies (SBICs) from 5% to 15%.
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Status:
Passed House
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Additional Information
Print number: 119_HR_754
Sponsor: Rep. Chu, Judy [D-CA-28]
Process start date: 2025-01-28