S. 1975 · 116th Congress
Small Business Investment Improvement Act of 2019
- Stage
- In committee
- Sponsor
- James Risch
- Introduced
- 2019-06-26
- Latest action
- 2019-06-26 · Introduced in Senate
Summary
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.