US Congress Senate Bill 511 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on March 11 2013 - 25% progression, died in chamber
Action: 2013-09-10 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 168.
Text: Latest bill text (Introduced) [PDF]

Expanding Access to Capital for Entrepreneurial Leaders Act or the EXCEL Act - Amends the Small Business Investment Act of 1958 to authorize the Administrator of the Small Business Administration (SBA) to guarantee the payment of up to $4 billion per fiscal year for debentures or participating securities issued by small business investment companies (SBICs) to encourage the formation and growth of small businesses. Increases from $225 million to $350 million the maximum amount of outstanding leverage for two or more commonly-controlled SBICs.

EXCEL Act

Sen. Mary Landrieu [D-LA]

Sen. Benjamin Cardin [D-MD]

Sen. William Cowan [D-MA]

Sen. James Risch [R-ID]

Date	Chamber	Action
2013-09-10	Senate	Placed on Senate Legislative Calendar under General Orders. Calendar No. 168.
2013-09-10	Senate	Committee on Small Business and Entrepreneurship. Reported by Senator Landrieu with an amendment. With written report No. 113-90.
2013-06-17	Senate	Committee on Small Business and Entrepreneurship. Ordered to be reported with amendments favorably.
2013-06-13	Senate	Committee on Small Business and Entrepreneurship. Committee consideration and Mark Up Session held.
2013-03-14	Senate	Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 113-309.
2013-03-11	Senate	Read twice and referred to the Committee on Small Business and Entrepreneurship.
2013-03-11	Senate	Sponsor introductory remarks on measure. (CR S1594)

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/senate-bill/511/all-info
Text	https://www.congress.gov/113/bills/s511/BILLS-113s511is.pdf
Text	https://www.congress.gov/113/bills/s511/BILLS-113s511rs.pdf