Senators Kirk, Donnelly Introduce Legislation to Encourage Investments in Small Businesses

SBIC Advisers Relief Act Will Reduce Burdensome Regulation and Costs for Small Businesses Nationwide; SBICs Help Provide Financing to More Than 300 Illinois Businesses

WASHINGTON –-(ENEWSPF)--August 7, 2015.  U.S. Senators Mark Kirk (R-Ill.) and Joe Donnelly (D-Ind.) this week introduced legislation that helps small businesses by encouraging investments in Small Business Investment Companies (SBIC), which are privately-run funds that have provided financing to nearly 118,000 small companies nationwide since the program's inception in 1958. S. 1978, the SBIC Advisers Relief Act, provides regulatory relief by removing . . .

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