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SBIC Reporting Modernization Act of 2026

119-HR-10353PassedLatest action 11 Nov 2026Introduced 14 Sept 2026Chamber House
  • Commerce

Where it stands

  1. Introduced
  2. Committee
  3. Floor
  4. PassedMotion to reconsider laid on the table Agreed to without objection.
  5. Law

Latest action

Motion to reconsider laid on the table Agreed to without objection.

Summary

SBIC Reporting Modernization Act of 2026 — This bill requires the Small Business Administration (SBA) to report quarterly on its website specified information about Small Business Investment Companies (SBICs), such as the amount of SBA-guaranteed financing SBICs receive. SBICs are privately owned companies, licensed and regulated by the SBA, which invest in small businesses through debt and equity.The quarterly report must include (1) elements of the SBA's annual report, such as the number of licensed SBICs and the amount of government leverage each has received; (2) the number of SBIC applicants approved; and (3) the number of jobs created or sustained as a result of SBIC investments. (In general, an SBIC may receive $2 of SBA-guaranteed financing for every $1 in private capital the SBIC raises, subject to a $150 million limit).

Sources & documents

7

Coverage availableUpdated 12 Nov 2026, 12:24

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