H.R. 5258 — Increased Capital Access for Growing Businesses Act

Summary

Increased Capital Access for Growing Businesses Act - Amends the Investment Company Act of 1940 to redefine an "eligible portfolio company" as an issuer whose aggregate value of outstanding equity securities is not more than $1billion (thus making such companies eligible for capital investment by Business Development Companies, publicly traded companies that invest in small and medium- sized business that need access to capital).

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Legislative Actions

2002-07-26
Introduced in House
2002-07-26
Introduced in House
2002-07-26
Referred to the House Committee on Financial Services.
2002-07-29
Sponsor introductory remarks on measure. (CR E1457)
2002-08-19
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Increased Capital Access for Growing Businesses Act

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Summary

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