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United States · Law · HR

H.R. 2647 (95th)

An Act to amend the Small Business Act and the Small Business Investment Act of 1958.

openUnited States· United States Congress· EN

Introduced

27 January 1977

Last action

Status

Public law 95-14.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Amends the Small Business Investment Act of 1958 to increase the authorization of appropriation for surety bond guarantees from $56,500,000 to $110,000,000. Increases from $6,000,000,000 to $8,000,000,000 the amount authorized to be appropriated for the business loan and investment fund of the Small Business Administration. Increases from $450,000,000 to $525,000,000, the amount authorized to be appropriated for economic opportunity loans. Increases the funds for Small Business Investment Companies from $725,000,000 to $1,100,000,000.

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3 official files

Public Law (PDF)

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