Small Business Capital Formation Enhancement Act
Summary
Official Summary
Small Business Capital Formation Enhancement Act
(Sec. 2) This bill amends the Small Business Investment Incentive Act of 1980 with respect to the annual government-business forum of the Securities and Exchange Commission (SEC) to review the current status of problems and programs relating to small business capital formation.
The SEC shall review the forum's findings and recommendations and issue a public statement promptly assessing each submitted finding or recommendation and disclosing any action the SEC intends to take on it.
Nothing in this bill shall require the SEC to agree to or act upon any finding or recommendation.
Bill texts
Timeline
Latest companion bill action
S-416: Small Business Capital Formation Enhancement ActHeld at the desk.
Considered as unfinished business. (consideration: CR H2988-2989)
House of Representatives
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 406 - 0 (Roll no. 238). (text: CR H2980)
House of Representatives
View voteMotion to reconsider laid on the table Agreed to without objection.
House of Representatives
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate