summary
Introduced
03/02/2017
03/02/2017
In Committee
03/09/2017
03/09/2017
Crossed Over
05/02/2017
05/02/2017
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill 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.
AI Summary
This bill, the Small Business Capital Formation Enhancement Act, amends the Small Business Investment Incentive Act of 1980 to require the Securities and Exchange Commission (SEC) to review the findings and recommendations of the annual government-business forum on small business capital formation and promptly issue a public statement assessing each finding or recommendation and disclosing any action the SEC intends to take. However, the bill does not require the SEC to agree to or act upon any specific finding or recommendation.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (3)
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 05/02/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
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