H.R. 10353
Requires quarterly reports on small business investment companies
Makes the Small Business Administration put out a public report every three months on the companies it licenses to invest in small businesses.
- First report due 90 days after the law passes, then every three months
- Reports must be posted on a public webpage
- Must include the number of license applicants approved and how many met the requirements
- Must include the dollar value of debt issued and jobs created or sustained by these investments
In committee