[Federal Register Volume 87, Number 163 (Wednesday, August 24, 2022)]
[Notices]
[Pages 52101-52102]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-18167]


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SMALL BUSINESS ADMINISTRATION


SBIC Licensing and Examination Fees Inflation Adjustment

AGENCY: U.S. Small Business Administration.

ACTION: Notice of SBIC fee increases.

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SUMMARY: The U.S. Small Business Administration (SBA) is providing 
notice of the increased licensing and examination fees charged to Small 
Business Investment Companies (SBICs) due to the annual inflation 
adjustment required under SBIC program regulations.

DATES: The changes to the SBIC program licensing and examination fees 
identified in this notice take effect on October 1, 2022.

FOR FURTHER INFORMATION CONTACT: Louis Cupp, Office of Investment and 
Innovation, at 202-619-0511 or [email protected]. If you are deaf, 
hard of hearing, or have a speech disability, please dial 7-1-1 to 
access telecommunications relay services.

SUPPLEMENTARY INFORMATION: Beginning October 1, 2021, the SBIC program 
regulations at 13 CFR 107.300(b)(2) and 107.692(b)(2) require SBA to 
annually adjust the licensing and examination fees for SBICs using the 
Inflation Adjustment defined in 13 CFR 107.50. This document provides 
notice of that adjustment. The table below identifies the amounts of 
the adjusted licensing and examination fees payable by SBICs and SBIC 
license applicants, which become effective on October 1, 2022.

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                                                           Fees amounts
                      SBIC fee type                         (effective
                                                           Oct. 1, 2022)
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                     Licensing Fees (Sec.   107.300)
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Initial Licensing Fee Sec.   107.300(a).................         $11,500
Final Licensing Fee Sec.   107.300(b)...................          40,200
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                  Examination Fees (Sec.   107.692(b))
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Minimum Base Fee........................................          10,400
Maximum Base Fee for non-Leveraged SBICs................          34,500
Maximum Base Fee for Leveraged SBICs....................          50,600

[[Page 52102]]

 
Delay Fee...............................................             800
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    Authority: 15 U.S.C. 681(e) and 687b(b); 13 CFR 107.300 and 
107.692.

Bailey DeVries,
Associate Administrator, Office of Investment and Innovation.
[FR Doc. 2022-18167 Filed 8-23-22; 8:45 am]
BILLING CODE 8026-09-P