News & Analysis as of

Business Development Companies Proposed Legislation

Proskauer - Tax Talks

Proposed Changes to Interest Rate Tax Treatment for RICs

Proskauer - Tax Talks on

The One Big Beautiful Bill Act (the “OBBBA“), passed by the U.S. House of Representatives (the “House“) on May 22, 2025, is a comprehensive legislative package that seeks to implement sweeping reforms in tax policy,...more

Skadden, Arps, Slate, Meagher & Flom LLP

New Legislation Will Benefit Business Development Companies While Closed-End Funds Remain in Limbo

On March 23, 2018, President Donald Trump signed the Consolidated Appropriations Act of 2018 into law. This legislation includes the Small Business Credit Availability Act (SBCA), which contains numerous changes to...more

Morrison & Foerster LLP

House Holds Hearings on Bill to Ease BDC Restrictions

The Subcommittee on Capital Markets and Government Sponsored Enterprises of the House Financial Services Committee heard testimony on June 16, 2015 in support of proposed bills that would, among other things, increase the...more

Broker-Dealer Compliance + Regulation

Congressional Report May Kill BDC Reform Bill

A congressionally mandated budget report may ring the death knell for proposed legislation that would increase the leverage limit for business development companies (BDCs)....more

Morrison & Foerster LLP - JOBS Act

Mark-Up of House Bills Scheduled

As we reported in prior posts, there are several proposed bills making their way through Congress that are intended to facilitate capital formation, including legislation that would modernize the framework applicable to...more

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