HR 10353 · 119th CongressIn Committeecongress.gov ↗

SBIC Reporting Modernization Act of 2026

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill requires the Small Business Administration (SBA) to post a report on its website every three months with information about Small Business Investment Companies (SBICs), which are private companies licensed by the SBA that invest in small businesses. The reports would include details like how many SBICs are licensed, how much government-backed financing they receive, how many new applicants are approved, and how many jobs are created or kept because of their investments. Currently, some of this information is only reported once a year, and this bill would make it available more frequently.

Introduced

September 14, 2026

Policy Area

Commerce

How The Bill Is Being Covered

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