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    <number>2212</number>
    <updateDate>2025-01-14T17:16:56Z</updateDate>
    <updateDateIncludingText>2025-01-14T17:16:56Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
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    <introducedDate>2023-06-22</introducedDate>
    <congress>118</congress>
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        <systemCode>sssb00</systemCode>
        <name>Small Business and Entrepreneurship Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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            <name>Reported By</name>
            <date>2023-07-25T22:59:10Z</date>
          </item>
          <item>
            <name>Markup By</name>
            <date>2023-07-19T19:00:04Z</date>
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            <name>Referred To</name>
            <date>2023-06-22T21:17:46Z</date>
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        <actionDate>2023-07-25</actionDate>
        <sourceSystem>
          <name>Senate</name>
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        <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 171.</text>
        <type>Calendars</type>
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      <item>
        <actionDate>2023-07-25</actionDate>
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          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
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        <text>Committee on Small Business and Entrepreneurship. Reported by Senator Cardin with amendments. Without written report.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2023-07-25</actionDate>
        <text>Committee on Small Business and Entrepreneurship. Reported by Senator Cardin with amendments. 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>2023-07-19</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 without amendment favorably.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2023-06-22</actionDate>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Small Business and Entrepreneurship.</text>
        <type>IntroReferral</type>
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      <item>
        <actionDate>2023-06-22</actionDate>
        <text>Introduced in Senate</text>
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        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>C000141</bioguideId>
        <fullName>Sen. Cardin, Benjamin L. [D-MD]</fullName>
        <firstName>Ben</firstName>
        <lastName>Cardin</lastName>
        <party>D</party>
        <state>MD</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2023-09-28T23:00:00Z</pubDate>
        <title>S. 2212, SBIC Advisory Committee Act of 2023</title>
        <url>https://www.cbo.gov/publication/59620</url>
        <description>As reported by the Senate Committee on Small Business and Entrepreneurship on July 25, 2023</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Commerce</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Advisory bodies</name>
          <updateDate>2024-05-09T17:23:35Z</updateDate>
        </item>
        <item>
          <name>Business investment and capital</name>
          <updateDate>2024-05-09T17:23:35Z</updateDate>
        </item>
        <item>
          <name>Congressional oversight</name>
          <updateDate>2024-05-09T17:23:35Z</updateDate>
        </item>
        <item>
          <name>Minority and disadvantaged businesses</name>
          <updateDate>2024-05-09T17:23:35Z</updateDate>
        </item>
        <item>
          <name>Poverty and welfare assistance</name>
          <updateDate>2024-05-09T17:23:35Z</updateDate>
        </item>
        <item>
          <name>Rural conditions and development</name>
          <updateDate>2024-05-09T17:23:35Z</updateDate>
        </item>
        <item>
          <name>Small business</name>
          <updateDate>2024-05-09T17:23:35Z</updateDate>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Commerce</name>
        <updateDate>2023-07-14T17:45:17Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-06-22</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2023-09-18T18:54:50Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;SBIC Advisory Committee Act of 202&lt;/b&gt;&lt;strong&gt;&lt;/strong&gt;&lt;b&gt;3&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill requires the Small Business Administration (SBA) to establish an advisory committee to develop recommendations for expanding SBA assistance provided through Small Business Investment Companies (SBICs). SBICs are privately owned companies, licensed and regulated by the SBA, which invest in small businesses through debt and equity.&lt;/p&gt; &lt;p&gt;Composed in part of representatives of and partners with small businesses in low-income communities and rural areas, the advisory committee must make recommendations for SBICs to invest in (1) underlicensed and underfinanced states; and (2) small businesses owned by socially or economically disadvantaged individuals, veterans, and women.&lt;/p&gt;</text>
        </cdata>
      </summary>
      <summary>
        <versionCode>25</versionCode>
        <actionDate>2023-07-25</actionDate>
        <actionDesc>Reported to Senate</actionDesc>
        <updateDate>2023-09-19T16:24:16Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;SBIC Advisory Committee Act of 202&lt;/b&gt;&lt;strong&gt;&lt;/strong&gt;&lt;b&gt;3&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill requires the Small Business Administration (SBA) to establish an advisory committee to develop recommendations for expanding SBA assistance provided through Small Business Investment Companies (SBICs). SBICs are privately owned companies, licensed and regulated by the SBA, which invest in small businesses through debt and equity.&lt;/p&gt; &lt;p&gt;Composed in part of representatives of and partners with small businesses in low-income communities and rural areas, the advisory committee must make recommendations for SBICs to invest in (1) underlicensed and underfinanced states; and (2) small businesses owned by socially or economically disadvantaged individuals, veterans, and women.&lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>SBIC Advisory Committee Act of 2023</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>SBIC Advisory Committee Act of 2023</title>
        <updateDate>2024-07-24T15:21:22Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>SBIC Advisory Committee Act of 2023</title>
        <updateDate>2024-05-24T13:38:52Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Reported to Senate</titleType>
        <titleTypeCode>103</titleTypeCode>
        <title>SBIC Advisory Committee Act of 2023</title>
        <updateDate>2024-05-24T13:38:21Z</updateDate>
        <chamberCode>S</chamberCode>
        <chamberName>Senate</chamberName>
        <billTextVersionName>Reported to Senate</billTextVersionName>
        <billTextVersionCode>RS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to require the Administrator of the Small Business Administration to establish an SBIC Advisory Committee, and for other purposes.</title>
        <updateDate>2023-07-11T12:04:03Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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    </titles>
    <textVersions>
      <item>
        <type>Reported to Senate</type>
        <date>2023-07-25T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118s2212rs/xml/BILLS-118s2212rs.xml</url>
          </item>
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      </item>
      <item>
        <type>Introduced in Senate</type>
        <date>2023-06-22T04:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118s2212is/xml/BILLS-118s2212is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2023-07-25</actionDate>
      <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 171.</text>
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    <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>
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