Bill 118 s 3730, also known as the Small Business Investment Act of 1958, aims to make changes to the current legislation in order to increase the amount that can be invested in small business investment companies. The bill seeks to provide more opportunities for small businesses to receive funding and support from these investment companies.
The proposed changes in the bill would allow for a higher limit on the amount of money that can be invested in small business investment companies. This increase in funding would enable these companies to provide more financial assistance to small businesses, helping them to grow and succeed.
By amending the Small Business Investment Act of 1958, this bill aims to stimulate economic growth and create more opportunities for small businesses to thrive. It is designed to support entrepreneurship and innovation by providing increased access to capital for small businesses.
Overall, Bill 118 s 3730 seeks to strengthen the small business sector by increasing the amount that can be invested in small business investment companies, ultimately benefiting the economy as a whole.