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Senate Bill 416
115th Congress(2017-2018)
Small Business Capital Formation Enhancement Act
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Passed Senate on Sep 11, 2017
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Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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S. 416 (Engrossed-in-Senate)


115th CONGRESS
1st Session
S. 416

AN ACT

To amend the Small Business Investment Incentive Act of 1980 to require an annual review by the Securities and Exchange Commission of the annual government-business forum on capital formation.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Small Business Capital Formation Enhancement Act”.

SEC. 2. Annual review of government-business forum on capital formation.

Section 503 of the Small Business Investment Incentive Act of 1980 (15 U.S.C. 80c–1) is amended by adding at the end the following:

“(e) The Commission shall—

“(1) review the findings and recommendations of the forum; and

“(2) each time the forum submits a finding or recommendation to the Commission, promptly issue a public statement—

“(A) assessing the finding or recommendation of the forum; and

“(B) disclosing the action, if any, the Commission intends to take with respect to the finding or recommendation.”.

Passed the Senate September 11, 2017.

Attest:





Secretary  

115th CONGRESS
     1st Session
S. 416
AN ACT
To amend the Small Business Investment Incentive Act of 1980 to require an annual review by the Securities and Exchange Commission of the annual government-business forum on capital formation.