EXCEL Act
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S 511 — EXCEL Act
Last action — Placed on Senate Legislative Calendar under General Orders. Calendar No. 168.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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Died in session
This bill died with 113th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Expanding Access to Capital for Entrepreneurial Leaders Act or the EXCEL Act - Amends the Small Business Investment Act of 1958 to authorize the Administrator of the Small Business Administration (SBA) to guarantee the payment of up to $4 billion per fiscal year for debentures or participating securities issued by small business investment companies (SBICs) to encourage the formation and growth of small businesses. Increases from $225 million to $350 million the maximum amount of outstanding leverage for two or more commonly-controlled SBICs.
Bill Text
We don't have the full text on file for this bill yet.
Read S 511 on the official United States source →Action History
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Placed on Senate Legislative Calendar under General Orders. Calendar No. 168.
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Committee on Small Business and Entrepreneurship. Reported by Senator Landrieu with an amendment. With written report No. 113-90.
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Committee on Small Business and Entrepreneurship. Ordered to be reported with amendments favorably.
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Committee on Small Business and Entrepreneurship. Committee consideration and Mark Up Session held.
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Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 113-309.
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Read twice and referred to the Committee on Small Business and Entrepreneurship.
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Sponsor introductory remarks on measure. (CR S1594)
Sponsors
- Mary Landrieu · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
- Mary Landrieu Democrat
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does S 511 do?
- Expanding Access to Capital for Entrepreneurial Leaders Act or the EXCEL Act - Amends the Small Business Investment Act of 1958 to authorize the Administrator of the Small Business Administration (SBA) to guarantee the payment of up to $4 billion per fiscal year for debentures or participating securities issued by small business investment companies (SBICs) to encourage the formation and growth of small businesses. Increases from $225 million to $350 million the maximum amount of outstanding leverage for two or more commonly-controlled SBICs.
- Who sponsors S 511?
- S 511 is sponsored by Mary Landrieu (Democrat).
- What is the current status of S 511?
- This bill died with 113th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track S 511?
- Track S 511 free on One Click Politics — get push/email alerts when it moves.
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