Title: To amend the Small Business Investment Act of 1958 to expand opportunities for investments in small businesses, and for other purposes.
Sponsor: Rep Altmire, Jason [PA-4] (introduced 9/18/2007) Cosponsors (3)
Related Bills: H.RES.682
Latest Major Action: 9/28/2007 Referred to Senate committee. Status: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
House Reports: 110-347
9/18/2007 Introduced in House 9/25/2007 Reported by the Committee on Small Business. H. Rept. 110-347. 9/27/2007 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 325 - 72 (Roll no. 923). 9/28/2007 Referred to Senate committee: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Michele was one of only 72 Representatives to oppose this measure!
What do others say about the bill?
BIO Supports Small Business Investment Expansion Act Legislation Would Facilitate Economic Growth and Job Creation
WASHINGTON, D.C. (September 24, 2007) – The Biotechnology Industry Organization (BIO) expressed strong support for the Small Business Investment Expansion Act (H.R. 3567) which was reported out of the House Committee on Small Business last week.
Ranking Member Chabot Speaks on the House Floor Regarding the Small Business Investment Expansion Act
“H.R. 3567 takes – in my view – a balanced approach to ensure that these new businesses have access to capital. It balances the need for limited federal funding with fiscal restraint and protects the federal taxpayer.
“In closing, I would like to thank the Chairwoman for working in a bipartisan manner and would also like to thank her staff, particularly Michael Day and Adam Minehardt, for their work on this important piece of legislation. I would also like to thank Barry and Kevin Fitzpatrick for their work on the bill.
Small Business Investment Expansion
On September 27th, the House passed the Small Business Investment Expansion Act of 2007, H.R. 3567, which will help business owners, particularly veterans and women, to obtain investment capital to start or grow their small businesses.