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.
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Small Business Investment Improvement Act of 2019
USA116th CongressHR-4944| House
| Updated: 10/31/2019
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.