United States · Law · S
S. 1196 (107th)
Small Business Investment Company Amendments Act of 2001
Introduced
18 July 2001
Last action
—
Status
Became Public Law No: 107-100.
Sponsors
—
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Small Business Investment Company Amendments Act of 2001 - Amends the Small Business Investment Act of 1958 (the Act) to: (1) increase the amount that the Small Business Administration (SBA) may charge as a subsidy fee for guaranteeing the payment of a debenture from1.0 to 1.28 percent of the debenture amount; and (2) extend through FY 2001 the debenture maturity period. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to provide civil penalties for false statements or representations of securities for purposes of influencing SBA actions. Authorizes the SBA Administrator to serve upon any management official (currently, only upon a director or officer of a licensee) a written notice of the SBA's intention to remove such official for violations of such Act or breach of duty. Revises removal requirements, including provisions concerning hearings, issuance of an order of removal, the authority to suspend or prohibit the business participation of a management official, judicial review of suspensions, and the authority to suspend a management official due to the commission of or participation in a felony involving dishonesty or a breach of trust.
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Timeline
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Votes
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Versions
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Documents
18 official files
Enrolled Bill (text)
Enrolled Bill (text)
Enrolled Bill · EN
Enrolled Bill (PDF)
Enrolled Bill · EN
Public Law (text)
Public Law · EN · 21 December 2001
Public Law (PDF)
Public Law · EN · 21 December 2001
Engrossed Amendment Senate (text)
Engrossed Amendment Senate · EN · 8 December 2001
Engrossed Amendment Senate (PDF)
Engrossed Amendment Senate · EN · 8 December 2001
Senate agreed to House amendment with amendment
summary · EN · 8 December 2001
Engrossed Amendment House (text)
Engrossed Amendment House · EN · 16 November 2001
Engrossed Amendment House (PDF)
Engrossed Amendment House · EN · 16 November 2001
Engrossed in Senate (text)
Engrossed in Senate · EN · 15 November 2001
Engrossed in Senate (PDF)
Engrossed in Senate · EN · 15 November 2001
Passed Senate amended
summary · EN · 15 November 2001
Reported to Senate (text)
Reported to Senate · EN · 28 August 2001
Reported to Senate (PDF)
Reported to Senate · EN · 28 August 2001
Reported to Senate without amendment
summary · EN · 28 August 2001
Introduced in Senate (text)
Introduced in Senate · EN · 18 July 2001
Introduced in Senate (PDF)
Introduced in Senate · EN · 18 July 2001
Introduced in Senate
summary · EN · 18 July 2001
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/107th-congress/senate-bill/1196
- Open data entity: https://api.congress.gov/v3/bill/107/s/1196