United States · Bill · HR
H.R. 4267 (115th)
Small Business Credit Availability Act
Introduced
7 November 2017
Last action
24 April 2018 · Reported
Status
Placed on the Union Calendar, Calendar No. 495.
Sponsors
Rep. Stivers, Steve [R-OH-15], Rep. Sherman, Brad [D-CA-32], Rep. McHenry, Patrick T. [R-NC-10], Rep. Moore, Gwen [D-WI-4], Rep. Royce, Edward R. [R-CA-39], Rep. Himes, James A. [D-CT-4], Rep. Beatty, Joyce [D-OH-3], Rep. Wagner, Ann [R-MO-2], Rep. Perlmutter, Ed [D-CO-7], David Scott, Rep. Tenney, Claudia [R-NY-24], Rep. Williams, Roger [R-TX-25], Rep. Gottheimer, Josh [D-NJ-5], Rep. Messer, Luke [R-IN-6], Rep. Meeks, Gregory W. [D-NY-5], Rep. Emmer, Tom [R-MN-6], Sen. Budd, Ted [R-NC], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Hultgren, Randy [R-IL-14], Rep. Foster, Bill [D-IL-11], Rep. Graves, Tom [R-GA-14], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Heck, Denny [D-WA-10]
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Small Business Credit Availability Act This bill amends the Investment Company Act of 1940 to reduce the required asset-coverage ratio applicable to a Business Development Company (BDC) from 200% to 150% if: (1) the BDC makes specified disclosures on its website and to the Securities and Exchange Commission (SEC); and (2) the modified asset-coverage ratio is approved by the required majority of the BDC's directors, general partners, or shareholders (as applicable). The SEC must allow BDCs to use securities offering and proxy rules that are available to other issuers.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
3 November 2017
Committee
Hearings Held by the Subcommittee on Capital Markets Prior to Introduction and Referral.
Source: Committee
7 November 2017
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
7 November 2017
Introduced
Introduced in House
Source: IntroReferral
7 November 2017
Introduced
Introduced in House
Source: IntroReferral
15 November 2017
Vote
Ordered to be Reported by the Yeas and Nays: 58 - 2.
Source: Committee
15 November 2017
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
24 April 2018
Calendars
Placed on the Union Calendar, Calendar No. 495.
Source: Calendars
24 April 2018
Reported
Reported by the Committee on Financial Services. H. Rept. 115-646.
Source: Committee
24 April 2018
Reported
Reported by the Committee on Financial Services. H. Rept. 115-646.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Reported in House · 24 April 2018 · Download file
- Introduced in House · 7 November 2017 · Download file
Documents
6 official files
Reported in House (text)
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Reported in House (text)
Reported in House · EN · 24 April 2018
Reported in House (PDF)
Reported in House · EN · 24 April 2018
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Reported to House without amendment
summary · EN · 24 April 2018
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Introduced in House (text)
Introduced in House · EN · 7 November 2017
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Introduced in House (PDF)
Introduced in House · EN · 7 November 2017
ViewDownloadOpen at official source
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Introduced in House
summary · EN · 7 November 2017
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Stivers, Steve [R-OH-15] · R · Sponsor
- Rep. Sherman, Brad [D-CA-32] · D · Sponsor
- Rep. McHenry, Patrick T. [R-NC-10] · R · Sponsor
- Rep. Moore, Gwen [D-WI-4] · D · Sponsor
- Rep. Royce, Edward R. [R-CA-39] · R · Cosponsor
- Rep. Himes, James A. [D-CT-4] · D · Cosponsor
- Rep. Beatty, Joyce [D-OH-3] · D · Cosponsor
- Rep. Wagner, Ann [R-MO-2] · R · Cosponsor
- Rep. Perlmutter, Ed [D-CO-7] · D · Cosponsor
- David Scott · D · Cosponsor
- Rep. Tenney, Claudia [R-NY-24] · R · Cosponsor
- Rep. Williams, Roger [R-TX-25] · R · Cosponsor
- Rep. Gottheimer, Josh [D-NJ-5] · D · Cosponsor
- Rep. Messer, Luke [R-IN-6] · R · Cosponsor
- Rep. Meeks, Gregory W. [D-NY-5] · D · Cosponsor
- Rep. Emmer, Tom [R-MN-6] · R · Cosponsor
- Sen. Budd, Ted [R-NC] · R · Cosponsor
- Rep. Clay, Wm. Lacy [D-MO-1] · D · Cosponsor
- Rep. Hultgren, Randy [R-IL-14] · R · Cosponsor
- Rep. Foster, Bill [D-IL-11] · D · Cosponsor
- Rep. Graves, Tom [R-GA-14] · R · Cosponsor
- Rep. Fitzpatrick, Brian K. [R-PA-1] · R · Cosponsor
- Rep. Heck, Denny [D-WA-10] · D · Cosponsor
- · hsba00 · Standing
Related records
- related to → Consolidated Appropriations Act, 2018
- related to → Financial CHOICE Act of 2017
- related to ← Small Business Credit Availability Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/4267
- Open data entity: https://api.congress.gov/v3/bill/115/hr/4267
- us · 115-hr-4267 · source updated 7 April 2025