Congress·In Committee·S. 3880
Small Business Investor Capital Access Act
Small Business Investment: Raising Limits for Fund Managers
Legislative Progress
Senate
Key Points
- This bill changes the rules for people who manage private investment funds. Currently, if they manage less than $150 million, they don't have to follow certain expensive reporting rules. This bill would raise that limit to $175 million.
- By raising the limit, more small investment firms can focus on finding businesses to invest in rather than spending time and money on complex government paperwork. This is intended to help small businesses get more access to the money they need to grow.
- The bill also requires the government to update this $175 million limit every five years. This ensures the limit keeps up with the rising cost of living and inflation so the rules don't become outdated as prices change over time.
- The goal is to make it easier for smaller investment groups to operate. Supporters believe this will encourage more investment in local companies and startups that need money to hire workers and expand.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
Feb 12, 2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Feb 12, 2026
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Small Business Investor Capital Access Act
Bill NumberS 3880
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Data Sources
Sponsor
Cosponsors
(1)D: 1
Analysis generated by AI. Always verify with official sources.