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H.R. 4111: Spurring Business in Communities Act of 2017

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H.R. 4111: Spurring Business in Communities Act of 2017

115th Congress · introduced 2017-10-24 · Commerce · Latest: Became Public Law No: 115-333.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2017-10-24 · official record
  2. Who proposed it: Rep. McMorris Rodgers, Cathy [R-WA-5] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Became Public Law No: 115-333. (final step reached)
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Spurring Business in Communities Act of 2017

Plain summary

Spurring Business in Communities Act of 2017 (Sec. 2) This bill amends the Small Business Investment Act of 1958 to: require the Small Business Administration (SBA), in reviewing and processing a small business investment company's (SBIC's) application, to give first priority to an SBIC applicant located in an underlicensed state (i.e., a state in which the number of licensees per capita is less than the median number of licensees per capita for all states) with below median financing; and exempt applicants in underlicensed states from certain SBA capital requirements.

Congressional Research Service summary (Public Law), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Spurring Business in Communities Act of 2017

Source: Congressional Research Service summary (Public Law)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. McMorris Rodgers, Cathy [R-WA-5] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

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.

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Exemption
A rule that removes certain people, property or activities from a tax or requirement.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong115-hr4111 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115