Requires the Small Business Administration to publish a quarterly report on small business investment companies, covering their licensing applicants, debenture totals, and jobs created or sustained.

Official title: SBIC Reporting Modernization Act of 2026

Next stop House floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

House

Introduced 14-SEP-2026

Referred 14-SEP-2026

Approved by committee 16-SEP-2026

Reported 09-OCT-2026

On the calendar 09-OCT-2026

Key points

Requires the SBA Administrator to publish a report on licensed small business investment companies every quarter, starting 90 days after the date of enactment.
Adds counts of applicants approved to proceed to the final licensing phase and applicants that meet the requirements of section 302(a).
Adds the dollar value of debentures issued and the number of jobs created or sustained by small business investment company investments.

AI-generated from the Reported in House text of 09-OCT-2026 · verify · report an error

Official CRS summary

No CRS summary yet. CRS writes one for most bills, often months after they move.

CRS is the Library of Congress's nonpartisan research office. Check on congress.gov

Committee referrals (1)

Policy area

Commerce

Sponsor Brad Finstad (R-MN) Cosponsors · 1

■ 1 D

1 Democrat

congress.gov page Reported in House (09-OCT-2026) Introduced in House (14-SEP-2026)