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US S416

Small Business Capital Formation Enhancement Act


summary

Introduced
02/16/2017
In Committee
03/07/2017
Crossed Over
09/12/2017
Passed
Dead
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 each of the forum's findings and recommendations and issue a public statement promptly assessing it and disclosing the action, if any, the SEC intends to take with respect to it.

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. The SEC must then promptly issue a public statement assessing each of the forum's findings and recommendations and disclosing any action the SEC intends to take in response.

Committee Categories

Business and Industry, Housing and Urban Affairs

Sponsors (2)

Last Action

Held at the desk. (on 09/12/2017)

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