PlainBillCongress, translated.Legislation. Context. Public interest.By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-449.
Congressional Research Service
Version 00 · Introduced in Senate · Oct 24, 2017
Spurring Business in Communities Act of 2017
This bill amends the Small Business Investment Act of 1958 to:
require the Small Business Administration (SBA), in reviewing and processing an entity's application to become a small business investment company (SBIC), to give first priority to an SBIC applicant located in an underlicensed state (i.e., a state in which the number of licensees per capita is less than the median number of licensees per capita for all states) with below median financing; and
exempt applicants in underlicensed states from certain SBA capital requirements.
People & committees
Sen. Rubio, Marco [R-FL] · R–FL
Legislative record
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By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-449.
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-449.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 350.
Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment. Without written report.
Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment. Without written report.
Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Introduced in Senate
Primary sources
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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