H.R. 1973: Business Development Company Modernization Act
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H.R. 1973: Business Development Company Modernization Act
113th Congress · introduced 2013-05-14 · Finance and Financial Sector · Latest: Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
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Follow this bill, step by step
- Where it came from: introduced 2013-05-14 · official record
- Who proposed it: Rep. Mulvaney, Mick [R-SC-5] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Business Development Company Modernization Act
Plain summary
Business Development Company Modernization Act - Amends the Investment Company Act of 1940 to allow business development companies to invest in: (1) a registered investment adviser or investment adviser to an investment company, or (2) an eligible portfolio company (generally, a small- or middle-market financial service company).
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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What does this mean? (plain words)
Official text
Business Development Company Modernization Act
Source: Congressional Research Service summary (Introduced in House)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Mulvaney, Mick [R-SC-5] · 0 cosponsors
Cost estimate: No cost estimate published yet.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-113hr1973.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/113/hr>
Record fed-us-cong113-hr1973 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113