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        <title>Small Business Investment Companies: Passive Business Expansion and Technical Clarifications</title>
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    <abstract>The U.S. Small Business Administration (SBA) is withdrawing the final rule concerning Small Business Investment Company (SBIC) investments in passive businesses that was published on December 28, 2016, and is replacing it with this final rule. This final rule expands SBIC permitted investments in passive businesses and includes new reporting and other requirements for passive investments. This rule also makes a few minor technical amendments.</abstract>
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        <topic>Investment Companies</topic>
        <topic>Loan Programs-Business</topic>
        <topic>Reporting and Recordkeeping Requirements</topic>
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        <action>Final rule and withdrawal of final rule.</action>
        <summary>The U.S. Small Business Administration (SBA) is withdrawing the final rule concerning Small Business Investment Company (SBIC) investments in passive businesses that was published on December 28, 2016, and is replacing it with this final rule. This final rule expands SBIC permitted investments in passive businesses and includes new reporting and other requirements for passive investments. This rule also makes a few minor technical amendments.</summary>
        <dates>As of August 18, 2017, the final rule published December 28, 2016 (81 FR 95424), delayed until March 21, 2017, on January 26, 2017 (82 FR 8499), further delayed until May 20, 2017, on March 21, 2017 (82 FR 14428), and further delayed until August 18, 2017, on May 2, 2017 (82 FR 20433), is withdrawn. The amendments in this rule are effective September 18, 2017.</dates>
        <contact>Theresa Jamerson, Office of Investment and Innovation, (202) 205-7563 or sbic@sba.gov.</contact>
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            <subject>Investment Companies</subject>
                                    
            <subject>Loan Programs-Business</subject>
                                    
            <subject>Reporting and Recordkeeping Requirements</subject>
                                    
            <subject>Small Businesses</subject>
                                
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