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Sep 26, 2007

Summary and Text of Amendments Submitted to the Rules Committee for H.R. 3567 - Small Business Investment Expansion Act of 2007

Summary of Amendments Submitted to the Rules Committee for

H.R. 3567 - Small Business Investment Expansion Act of 2007

Listed in Alphabetical Order

September 26, 2007 2:24 PM

*select the name of the amendment sponsor to retrieve amendment text in .pdf format. 

Chabot (OH)

#1

The amendment establishes a bright line standard of majority stock ownership for determining whether a venture capital company is affiliated with the companies in which it invests.

Inslee (WA)/Welch(VT)

#2

(REVISED)  The amendment expands the definition of operational assistance in Section 351 of the Small Business Investment Act, to include assistance to help small businesses achieve energy efficiency and implement sustainable practices that reduce the use of non-renewable resources or minimize environmental impact and reduce overall costs and increase health of employees.

Inslee (WA)/Welch(VT)

#3

(REVISED)  The amendment would direct the SBA Administrator to give consideration to investments for small businesses that are creating new technologies, manufactured goods, or materials, or providing services to reduce carbon emissions in the US, reduce the use of non-renewable resources, minimize environmental impact, and relate people with the natural environment.