Summary: S.1975 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.1975. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (06/26/2019)

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.