# 116-hr-6342: SBIC Capital Infusion Act of 2020

116-hr-6342, SBIC Capital Infusion Act of 2020, is a 116th Congress bill sponsored by Rep. Davids, Sharice [D-KS-3] (D-KS); status Referred to the House Committee on Small Business. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6342
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6342
- Congress: 116
- Title: SBIC Capital Infusion Act of 2020
- Status: Referred to the House Committee on Small Business.
- Introduced: 2020-03-23
- Sponsor: Rep. Davids, Sharice [D-KS-3] (D-KS)
- Cosponsors: 0
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

SBIC Capital Infusion Act of 2020 This bill provides economic assistance to small businesses affected by COVID-19 (i.e., coronavirus disease 2019), and it reestablishes the New Markets Venture Capital Program. Specifically, the bill provides additional leverage for small business investment companies (SBICs) by requiring the Small Business Administration (SBA), when calculating the maximum amount of outstanding leverage made available to SBICs, to exclude a certain amount of outstanding leverage to small businesses affected by COVID-19. Any excluded amounts must be used solely for working capital purposes. The bill also reestablishes the New Markets Venture Capital Program, through which the SBA, in partnership with investment companies, encourages developmental venture capital investment in small businesses located in low-income areas.

## Related bills

- 116-hr-8882: FLOODS Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-8504: Payroll Support Program Extension Act
- 116-hr-8402: To direct the Joint Committee on the Library to obtain a statue of Ruth Bader Ginsburg and to place the statue in the United States Capitol in National Statuar…
- 116-hr-8270: I am Vanessa Guillén Act of 2020
- 116-hr-8242: National Women’s Hall of Fame Commemorative Coin Act of 2020

## Sources
- [116-hr-6342 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6342)

## Related
- [116-hr-8882: FLOODS Act](https://policyrisk.com/legislation/116-hr-8882)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-8504: Payroll Support Program Extension Act](https://policyrisk.com/legislation/116-hr-8504)
- [116-hr-8402: To direct the Joint Committee on the Library to obtain a statue of Ruth Bader G…](https://policyrisk.com/legislation/116-hr-8402)
- [116-hr-8270: I am Vanessa Guillén Act of 2020](https://policyrisk.com/legislation/116-hr-8270)
- [116-hr-8242: National Women’s Hall of Fame Commemorative Coin Act of 2020](https://policyrisk.com/legislation/116-hr-8242)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6342 (as of 2025-11-18).