S. 2527

Small Business Investment Opportunity Act of 2018

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II

Calendar No. 353

115th CONGRESS

2d Session

S. 2527

IN THE SENATE OF THE UNITED STATES

March 8, 2018

Mr. Cardin (for himself, Mr. Risch, and Mr. Kennedy) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship

March 19, 2018

Reported by Mr. Risch, without amendment

A BILL

To amend the Small Business Investment Act of 1958 to increase the amount of leverage made available to small business investment companies.

1.

Short title

This Act may be cited as the Small Business Investment Opportunity Act of 2018.

2.

Individual SBIC leverage limit increase

Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 (15 U.S.C. 683(b)(2)(A)(ii)) is amended by striking $150,000,000 and inserting $175,000,000.

March 19, 2018

Reported without amendment