A bill to amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.

Hozzl · 2024-02-02T05:15:32Z

Explore the details of Senate Bill 3730 A bill to amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

2/2/2024, 5:15 AM

Summary of Bill S 3730

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.

Current Status of Bill S 3730

Bill S 3730 is currently in the status of Bill Introduced since February 1, 2024. Bill S 3730 was introduced during Congress 118 and was introduced to the Senate on February 1, 2024. Bill S 3730's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 1, 2024

Bipartisan Support of Bill S 3730

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3730

Primary Policy Focus

Alternate Title(s) of Bill S 3730

A bill to amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.A bill to amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.

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