Sec. 7. Sense of Congress
172 words·~1 min read·
/bill/113/s/511/is/section-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is the sense of Congress that— small business investment companies would benefit from partnerships with community banks and other lenders, and should work with community banks and other lenders, to ensure that if community banks and other lenders deny an application by a small business concern for a loan, the community banks or other lenders will refer the small business concern to small business investment companies; and the Administrator should— increase outreach to community banks and other lenders to encourage community banks and other lenders to invest in small business investment companies; use the Internet to make publicly available in a timely manner which small business investment companies are actively soliciting investments and making investments in small business concerns; partner with governors, mayors, States, and municipalities to increase outreach by small business investment companies to underserved and rural areas; and continue to make changes to the webpage for the small business investment company program, to make the webpage— a more prominent part of the website of the Administration; and more user-friendly.