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Replaces two occurrences of "5 percent" with "15 percent" in the statutory subsection that governs small business investment companies (SBICs). The change alters two percentage parameters in Section 302(b) of the Small Business Investment Act of 1958, which will directly affect how those specific statutory calculations or limits are applied to SBIC program rules and participants.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced July 9, 2025 by Todd Young · Last progress 7 months ago