[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 2187 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 2187

    To remove the sunset date for amendments to the Small Business 
            Investment Act of 1958, and for other purposes.


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                   IN THE SENATE OF THE UNITED STATES

                             March 12, 2012

  Mr. Cardin (for himself and Ms. Landrieu) introduced the following 
   bill; which was read twice and referred to the Committee on Small 
                     Business and Entrepreneurship

_______________________________________________________________________

                                 A BILL


 
    To remove the sunset date for amendments to the Small Business 
            Investment Act of 1958, and for other purposes.

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

SECTION 1. REMOVAL OF SUNSET DATES FOR CERTAIN PROVISIONS OF THE SMALL 
              BUSINESS INVESTMENT ACT OF 1958.

    (a) Maximum Bond Amount.--Section 411(a)(1) of the Small Business 
Investment Act of 1958 (15 U.S.C. 694b(a)(1)) is amended by striking 
``does not exceed'' and all that follows and inserting ``does not 
exceed $5,000,000.''.
    (b) Denial of Liability.--Section 411(e)(2) of the Small Business 
Investment Act of 1958 (15 U.S.C. 694b(e)(2)) is amended by striking 
``bonds exceeds'' and all that follows and inserting ``bonds exceeds 
$5,000,000,''.
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