3.0.0 3429 2022-02-03T05:32:14Z 2022-02-03T05:32:14Z House H HR 2005-07-26 109 hssm00 Small Business Committee House Standing Hearings by 2005-07-27T18:39:25Z Referred to 2005-07-26T12:50:15Z Small Business Investment and Growth Act of 2005 109 1923 S 2005-10-26 Read twice and referred to the Committee on Small Business and Entrepreneurship. Related bill CRS 2005-07-27 hssm00 Small Business Committee 1 House committee actions Committee Hearings Held. Committee 2005-07-26 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2005-07-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-07-26 Introduced in House IntroReferral 1000 9 Library of Congress M001138 Rep. Manzullo, Donald A. [R-IL-16] DONALD MANZULLO R IL 16 N R000033 Rep. Ramstad, Jim [R-MN-3] JIM RAMSTAD R MN 3 2005-07-26 True Commerce Bankruptcy Bonds Collection of accounts Corporate debt Federally-guaranteed loans Finance and Financial Sector Interest Interest rates Investments Loan defaults Profit Securities Small business Commerce 00 2005-07-26 Introduced in House 2005-10-05T20:44:16Z Amends the Small Business Investment Act of 1958 to authorize the Administrator of the Small Business Administration (SBA) to guarantee the payment of the redemption price and interest on a participating debenture issued by a small business investment company (SBIC). Prohibits the Administrator from guaranteeing such a debenture if the aggregate unpaid principal balance of the participating debentures would exceed 200% of the leverageable capital of the SBIC. Requires participating debentures to be redeemed within ten years after issuance. Outlines requirements of SBIC participants, including after default on debenture payment.

Allows an SBIC which has no unpaid interest and no past due principal outstanding on any issued participating debenture the right of special distributions to private investors without a corresponding distribution to the SBA, under specified conditions.

]]> To amend the Small Business Investment Act of 1958 to establish a participating debenture program. Display Title To amend the Small Business Investment Act of 1958 to establish a participating debenture program. Official Title as Introduced To amend the Small Business Investment Act of 1958 to establish a participating debenture program. Introduced in House 2005-07-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr3429ih/xml/BILLS-109hr3429ih.xml 2005-07-27 Committee Hearings Held. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.