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house Bill H.R. 4111

Should Small Business Investment Companies Focus on Underserved Areas?

Argument in favor

The Small Business Administration’s SBIC program helps speed the development of small businesses across the country, and it’d be wise to focus such efforts on underserved areas.

Jennifer's Opinion
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05/08/2018
The Small Business Administration’s SBIC program helps speed the development of small businesses across the country, and it’d be wise to focus such efforts on underserved areas.
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SneakyPete's Opinion
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05/08/2018
It’s time that businesses of all sizes to move into areas, the inter cities as example, to bring services of all types, to the folks thst need them.
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Darby's Opinion
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05/08/2018
This is a great idea if you want to boost the economy and I am all about posting the economy.
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Argument opposed

The Small Business Administration shouldn’t place an emphasis on SBIC applications from underserved areas to spur the growth of small businesses in that area.

Larry's Opinion
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05/08/2018
Small businesses should be free to pursue their ambitions wherever they like. Underserved is a subjective term and does not deserve to be placed in law.
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Tooluser1's Opinion
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05/08/2018
Government has NO place deciding where or whom "deserves" to start a business beyond credit worthiness and business plan viability.
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Jacob's Opinion
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05/09/2018
Sure, it sounds nice to say that underserved communities should get more attention and investment, but that shouldn’t be by rule of the federal government. If investors want to focus on stimulating these types of communities, they can do so by their own choice.
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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house Passed May 8th, 2018
    Passed by Voice Vote
      house Committees
      Committee on Small Business
    IntroducedOctober 24th, 2017

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Bill Activity

  • action
    Introduced in House
  • referral
    Referred to the House Committee on Small Business.
  • action
    Mr. Chabot moved to suspend the rules and pass the bill.
  • action
    Considered under suspension of the rules.
  • action
    DEBATE - The House proceeded with forty minutes of debate on H.R. 4111.
  • vote
    On motion to suspend the rules and pass the bill Agreed to by voice vote.
  • action
    Motion to reconsider laid on the table Agreed to without objection.
  • calendar
    Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 402.

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house Passed May 8th, 2018
    Passed by Voice Vote
      house Committees
      Committee on Small Business
    IntroducedOctober 24th, 2017

Log in or create an account to see how your Reps voted!
    The Small Business Administration’s SBIC program helps speed the development of small businesses across the country, and it’d be wise to focus such efforts on underserved areas.
    Like (9)
    Follow
    Share
    Small businesses should be free to pursue their ambitions wherever they like. Underserved is a subjective term and does not deserve to be placed in law.
    Like (6)
    Follow
    Share
    It’s time that businesses of all sizes to move into areas, the inter cities as example, to bring services of all types, to the folks thst need them.
    Like (3)
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    Share
    This will help rural communities.
    Like (2)
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    Government has NO place deciding where or whom "deserves" to start a business beyond credit worthiness and business plan viability.
    Like (1)
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    Sure, it sounds nice to say that underserved communities should get more attention and investment, but that shouldn’t be by rule of the federal government. If investors want to focus on stimulating these types of communities, they can do so by their own choice.
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    It is imperative that all people pay attention to the needs of the poor, underprivileged in hard-to-reach areas. Solutions that come from small businesses who know and can relate to the needs the best should be given a chance to succeed.
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    This is a great idea if you want to boost the economy and I am all about posting the economy.
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    I think under served can be defined. Acinities where the job to worker ratio is low seems like a good place to focus money. Small towns, areas of cities where there are few jobs and services, etc. Access to work and education drives down crime and improves lives.
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    Who's to say what "underserved" entails?
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    So anywhere that people decide to concentrate in their numbers, should be served for arbitrarily high population density, at the expense of everyone else, no matter what? Maybe there should be some collective decision about how the population is distributed over the land. Maybe there are even some land areas that should be abandoned.
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