# Small Business Investment Companies-Administrative Fees
> **US Small Business Administration** · Final rule. · Published 2017-11-13 · Effective 2017-12-13 · 82 FR 52174
## Document
- **Document number:** 2017-24535
- **Category:** final-rule
- **Agency:** US Small Business Administration
- **Federal Register citation:** 82 FR 52174
- **CFR reference:** 13 CFR 107
- **Publication date:** 2017-11-13
- **Effective date:** 2017-12-13
## Abstract

The U.S. Small Business Administration (SBA) is revising its regulations to increase the Small Business Investment Company (SBIC) licensing and examination fees. The Small Business Investment Act of 1958, as amended, allows SBA to collect licensing and examination fees to offset SBA's costs associated with the administration of these two activities. SBA last increased fees for SBICs in 1996. Current fees offset less than 40% of SBA's administrative expenses related to these activities. This final rule increases SBIC licensing and examination fees in annual steps through October 2020, at which time SBA estimates that the annual fees will recoup approximately 80% of SBA's annual expenses directly related to these activities. Beginning in October 2021, this rule increases licensing and examination fees annually based on inflation.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2017/11/13/2017-24535/small-business-investment-companies-administrative-fees)
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