Modernizes reporting for small business investment companies by requiring quarterly updates.
The SBIC Reporting Modernization Act of 2026 amends the Small Business Investment Act of 1958 to mandate quarterly reports on small business investment companies. These reports, published on a designated webpage, will detail the number of jobs created or sustained, applicants approved for final licensing, those meeting specific requirements, and the dollar value of debentures issued. This change aims to enhance transparency and oversight of small business investment companies.
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