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S. 2212 · 118th Congress · Commerce

SBIC Advisory Committee Act of 2023

Died in the Senate1.3k words Introduced Jun 22, 2023 · Latest action Jul 25, 2023

FollowRead the text
How far it has goneStopped at 3 of 6 · Died in the Senate
  1. IntroducedJun 22, 2023 Done
  2. CommitteeReported Jul 25, 2023 Done
  3. Senate floorDied Jan 3, 2025 Stopped here
  4. House floorNot yet Not reached yet
  5. Chambers agreeNot yet Not reached yet
  6. PresidentNot yet Not reached yet

What it does

This bill requires the Small Business Administration (SBA) to establish an advisory committee to develop recommendations for expanding SBA assistance provided through Small Business Investment Companies (SBICs). SBICs are privately owned companies, licensed and regulated by the SBA, which invest in small businesses through debt and equity.

Composed in part of representatives of and partners with small businesses in low-income communities and rural areas, the advisory committee must make recommendations for SBICs to invest in (1) underlicensed and underfinanced states; and (2) small businesses owned by socially or economically disadvantaged individuals, veterans, and women.

Congressional Research Service · summary of “Reported to Senate” version · Jul 25, 2023

Who lobbies on it

No lobbying filing on file names S. 2212.

Organizations that named S. 2212 in a quarterly lobbying report. Covers organizations with a PAC on file; reports from organizations without one aren’t loaded yet. Spend is the organization’s total across all issues: reports don’t split spending by bill. Source: Senate lobbying disclosures (LD-2) from lda.gov; quotes are word for word from the “specific lobbying issues” field.

Actions

5 actions · newest first
  1. Jul 25, 2023Placed on Senate Legislative Calendar under General Orders. Calendar No. 171.
  2. Jul 25, 2023Committee on Small Business and Entrepreneurship. Reported by Senator Cardin with amendments. Without written report.
  3. Jul 19, 2023Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
  4. Jun 22, 2023Read twice and referred to the Committee on Small Business and Entrepreneurship.
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  1. Jun 22, 2023Introduced in Senate