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United States · Bill · HR

H.R. 12666 (95th)

A bill to amend the Small Business Investment Act of 1958.

referredUnited States· United States Congress· EN

Introduced

10 May 1978

Last action

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Status

Referred to House Committee on Small Business.

Sponsors

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Subjects

Discovery layer

Source updated

1 August 2024

Official sourceView documentsShare

Summary

Defines "person" and "net worth" for purposes of the Small Business Investment Act of 1958. Adds the following title to the Small Business Investment Act of 1958: Title VI: Equity Investments in Small Business. Permits any person to provide equity capital to small business concerns in amounts aggregating to not more than five percent of such person's net worth. Repeals the provision of the Small Business Act which authorizes grants for studies, research, and counseling concerning the operation of small business enterprises.

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Documents

1 official file

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