Notice2021-24344
Delegation of Authority
Primary source
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Published
November 8, 2021
Issuing agencies
Small Business Administration
Abstract
This document provides the public with notice of the delegation of authority for certain activities related to the licensing of small business investment companies by the Administrator of the U.S. Small Business Administration (SBA) to the Agency SBIC Licensing Committee.
Full Text
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<title>Federal Register, Volume 86 Issue 213 (Monday, November 8, 2021)</title>
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[Federal Register Volume 86, Number 213 (Monday, November 8, 2021)]
[Notices]
[Page 61822]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-24344]
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SMALL BUSINESS ADMINISTRATION
Delegation of Authority
AGENCY: U.S. Small Business Administration.
ACTION: Notice of delegation of authority.
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SUMMARY: This document provides the public with notice of the
delegation of authority for certain activities related to the licensing
of small business investment companies by the Administrator of the U.S.
Small Business Administration (SBA) to the Agency SBIC Licensing
Committee.
FOR FURTHER INFORMATION CONTACT: Arthur Spivey, Office of Investment
and Innovation, U.S. Small Business Administration, 409 3rd Street SW,
Washington, DC 20416; (202) 205-7098 or <a href="/cdn-cgi/l/email-protection#660714120e13144815160f10031f2615040748010910"><span class="__cf_email__" data-cfemail="721300061a07005c01021b04170b320110135c151d04">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: This document provides the public with
notice of the Administrator's delegation of authority to the Agency
SBIC Licensing Committee to review and recommend to the Administrator
for approval applications for licenses to operate as a small business
investment company under the Small Business Investment Act of 1958, as
amended.
This delegation of authority reads as follows:
Pursuant to the authority vested in me pursuant to section 301 of
the Small Business Investment Act of 1958, as amended, the authority to
take any and all actions necessary to review applications for licensing
under section 301 of the Small Business Investment Act of 1958, as
amended, and to recommend to the Administrator which such applications
should be approved is delegated to the Agency SBIC Licensing Committee
(as defined in SBA Standard Operating Procedure 10 04 01, effective
Aug. 6, 2014, Processing Applications for SBIC Licenses).
The Agency SBIC Licensing Committee shall be composed of the
following members:
Chief of Staff, Chair
Associate Administrator for Capital Access
Associate Administrator for Investment and Innovation
General Counsel
Deputy General Counsel
Chief Financial Officer
This authority revokes all other authorities granted by the
Administrator to recommend and approve applications for a license to
operate as a small business investment company under the Small Business
Investment Act of 1958, as amended. This authority may not be re-
delegated; however, in the event that the person serving in one of the
positions listed as a member of the Agency SBIC Licensing Committee is
absent from the office, as defined in SBA Standard Operating Procedure
00 01 3 (effective April 17, 2018), Chapter VI.B., or is unable to
perform the functions and duties of his or her position, the individual
serving in an acting capacity, pursuant to a written and established
line of succession, may serve on the Committee during such absence or
inability. In addition, if one of the positions listed as a member of
the Agency SBIC Licensing Committee is vacant, the individual serving
in that position in an acting capacity shall serve on the Agency SBIC
Licensing Committee. This authority will remain in effect until revoked
in writing by the Administrator or by operation of law.
Isabella Casillas Guzman,
Administrator.
[FR Doc. 2021-24344 Filed 11-5-21; 8:45 am]
BILLING CODE P
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