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Bill · 119th Congress · HR 10353
SBIC Reporting Modernization Act of 2026
Refreshed 15 min ago
Introduced 2026-09-14Topic: economy jobsSummary
AI-generated summary, report an errorThis bill would change the Small Business Investment Act of 1958 to require the Small Business Administration to publish a report every three months on licensed small business investment companies. The first report would be due 90 days after the bill becomes law, and it would be posted on an agency webpage. Each report would include information already required under current law, the number of applicants approved to move to the final licensing phase, and the number of those applicants that met the law's capital requirements. Reports would also list the dollar value of debentures issued and the number of jobs created or sustained by these companies' investments.
Sponsors
- Brad Finstad Republican sponsor
- 1 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-10-09 | House | Placed on the Union Calendar, Calendar No. 742. | |
| 2026-10-09 | House | Reported by the Committee on Small Business. H. Rept. 119-845. | report |
| 2026-10-09 | Reported by the Committee on Small Business. H. Rept. 119-845. | report | |
| 2026-09-16 | House | Ordered to be Reported by the Yeas and Nays: 23 - 0. | refer |
| 2026-09-16 | House | Committee Consideration and Mark-up Session Held | refer |
| 2026-09-14 | House | Referred to the House Committee on Small Business. | refer |
| 2026-09-14 | Introduced in House | introduce | |
| 2026-09-14 | Introduced in House | introduce |