PlainBillCongress, translated.Legislation. Context. Public interest.Indefinitely postponed by Senate by Unanimous Consent.
Congressional Research Service
Version 00 · Introduced in Senate · Feb 3, 1999
Small Business Investment Improvement Act of 1999 - Amends the Small Business Investment Act of 1958 to: (1) define "interest" for purposes of small business loans granted under the Small Business Investment Company (SBIC) program; and (2) increase the FY 1999 and 2000 funding levels for such program. Provides for the determination of an eligible small business or smaller enterprise that is not required to pay Federal income tax at the corporate level but that is required to pass income through to its shareholders or partners by using a specified formula to compute its after-tax income. Requires the Small Business Administration to issue SBIC guarantees and trust certificates at periodic intervals of not less than every 12 (currently, six) months.
People & committees
Sen. Bond, Christopher S. [R-MO] · R–MO
Legislative record
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Indefinitely postponed by Senate by Unanimous Consent.
Returned to the Calendar. Calendar No. 22. (consideration: CR S3063)
Senate passed companion measure H.R. 68 in lieu of this measure by Unanimous Consent.
Read the third time by Unanimous Consent.
Senate incorporated this measure in H.R. 68 as an amendment. (consideration: CR S3062)
Measure laid before Senate by unanimous consent. (consideration: CR S3061-3062)
Placed on Senate Legislative Calendar under General Orders. Calendar No. 22.
Committee on Small Business. Reported to Senate by Senator Bond without amendment. With written report No. 106-6.
Committee on Small Business. Reported to Senate by Senator Bond without amendment. With written report No. 106-6.
Committee on Small Business. Ordered to be reported without amendment favorably.
Read twice and referred to the Committee on Small Business.
Sponsor introductory remarks on measure. (CR S1177)
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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