<?xml version="1.0" encoding="utf-8" standalone="no"?>
<billStatus>
  <version>3.0.0</version>
  <bill>
    <number>2831</number>
    <updateDate>2023-01-11T13:32:55Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:32:55Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <type>S</type>
    <introducedDate>2016-04-21</introducedDate>
    <congress>114</congress>
    <committees>
      <item>
        <systemCode>sssb00</systemCode>
        <name>Small Business and Entrepreneurship Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Reported by</name>
            <date>2016-05-24T21:57:53Z</date>
          </item>
          <item>
            <name>Markup by</name>
            <date>2016-05-11T20:30:00Z</date>
          </item>
          <item>
            <name>Referred to</name>
            <date>2016-04-21T15:20:28Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <relatedBills>
      <item>
        <title>RISE After Disaster Act of 2015</title>
        <congress>114</congress>
        <number>1470</number>
        <type>S</type>
        <latestAction>
          <actionDate>2016-09-15</actionDate>
          <text>Committee on Small Business and Entrepreneurship. Hearings held.</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
        </relationshipDetails>
      </item>
    </relatedBills>
    <actions>
      <item>
        <actionDate>2016-05-24</actionDate>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 481.</text>
        <type>Calendars</type>
      </item>
      <item>
        <actionDate>2016-05-24</actionDate>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2016-05-24</actionDate>
        <text>Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.</text>
        <type>Committee</type>
        <actionCode>14000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2016-05-11</actionDate>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2016-04-21</actionDate>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Small Business and Entrepreneurship.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2016-04-21</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>V000127</bioguideId>
        <fullName>Sen. Vitter, David [R-LA]</fullName>
        <firstName>David</firstName>
        <lastName>Vitter</lastName>
        <party>R</party>
        <state>LA</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2016-07-08T21:10:40Z</pubDate>
        <title>S. 2831, a bill to amend the Small Business Investment Act of 1958 to provide priority for applicants for a license to operate as a small business investment company that are located in a disaster area</title>
        <url>https://www.cbo.gov/publication/51785</url>
        <description>As reported by the Senate Committee on Small Business and Entrepreneurship on May 24,&amp;nbsp;2016</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Commerce</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Business investment and capital</name>
        </item>
        <item>
          <name>Disaster relief and insurance</name>
        </item>
        <item>
          <name>Government lending and loan guarantees</name>
        </item>
        <item>
          <name>Licensing and registrations</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Commerce</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2016-04-21</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2016-04-29T14:10:20Z</updateDate>
        <text><![CDATA[ <p>This bill amends the Small Business Investment Act of 1958 to require the Small Business Administration to give priority to small business investment company applications for licenses to operate in a declared major disaster area.</p>]]></text>
      </summary>
      <summary>
        <versionCode>01</versionCode>
        <actionDate>2016-05-24</actionDate>
        <actionDesc>Reported to Senate with amendment(s)</actionDesc>
        <updateDate>2016-06-01T18:53:20Z</updateDate>
        <text><![CDATA[ <p>(Sec. 1) This bill amends the Small Business Investment Act of 1958 to require the Small Business Administration (SBA) to give priority to small business investment company (SBIC) applications for licenses to operate in a declared major disaster area.</p> <p>In calculating the outstanding leverage (debt) of one or more licensed SBICs in view of the maximum leverage allowed for debenture or loan guarantee purposes, the SBA shall not include the cost basis of any investment made by an SBIC in a small business concern in a major disaster area during the one-year period beginning on the date of the disaster declaration.</p>]]></text>
      </summary>
    </summaries>
    <title>A bill to amend the Small Business Investment Act of 1958 to provide priority for applicants for a license to operate as a small business investment company that are located in a disaster area.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>A bill to amend the Small Business Investment Act of 1958 to provide priority for applicants for a license to operate as a small business investment company that are located in a disaster area.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Small Business Investment Act of 1958 to provide priority for applicants for a license to operate as a small business investment company that are located in a disaster area.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Reported to Senate</type>
        <date>2016-05-24T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-114s2831rs/xml/BILLS-114s2831rs.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Introduced in Senate</type>
        <date>2016-04-21T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-114s2831is/xml/BILLS-114s2831is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2016-05-24</actionDate>
      <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 481.</text>
    </latestAction>
  </bill>
  <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
    <dc:format>text/xml</dc:format>
    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
  </dublinCore>
</billStatus>
