header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather


 
Calendar
Today in
S.C.V. History
December 16
1902 - Hi Jolly (Hadji Ali), Gen. E.F. Beale's Syrian camel driver, dies at Quartzsite, Ariz. [story]
Hi Jolly's Tomb


Rep. Steve Knight’s (CA-25) bill, H.R. 2333, Small Business Investment Opportunity (SBIO) Act of 2017, passed the House Monday with unanimous support. The SBIO Act increases the amount allocated for the SBIC programs to reflect inflation and provide access to additional funding.

The Small Business Investment Opportunity Act would make improvements to the Small Business Investment Company (SBIC) Program, an initiative administered by the Small Business Administration (SBA) that allows privately owned and managed investment funds to invest in small businesses. Current law limits the amount of capital SBICs can invest in growing firms, but Knight’s bill would raise that limit to $175 million so small businesses can have access to additional funds that would help them expand their companies and hire new employees.

“Increasing funds to our SBIC programs helps our small businesses have access to capital to grow and expand their businesses,” said Rep. Knight. “This legislation would finally match the appropriate funding level for our community entrepreneurs and their businesses. Increasing funds like this helps our economy and create more jobs.”

H.R. 2333 is a part of an ongoing effort of Rep. Knight to expand opportunities of investment and innovation for small businesses. As a member of the House Committee on Small Business, Knight continues to support and introduce small business specific legislation like for programs like the Women’s Business Centers (WBC), Small Business Innovation Research (SBIR), and Small Business Technology Transfer (STTR) programs.

###

Representative Steve Knight, (R-Antelope Valley), represents California’s 25th Congressional District in the US House of Representatives, which includes the communities throughout the Antelope, Santa Clarita and Simi Valleys.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

8 Comments

  1. Brian Wood says:

    So, Mr. Knight, if I understand this correctly, you’re okay with taking away health care from millions of people, but you’re okay with taking taxpayer money and making it more available for small business loans and such. Your priorities seem backwards.

  2. Sally Mehr says:

    Watch out for this one, he talks out of both sides of his mouth, not to be trusted

  3. Sally Mehr says:

    Watch out for this one, he talks out of both sides of his mouth, not to be trusted

  4. Shane Weeks says:

    So he does something with bipartisan support and he still gets burned?

  5. Tom Pugh says:

    This is good news.
    Private money from private companies being allowed to increase investment into private small businesses to help the small business grow and, in return, the small business can eventually hire more employees giving those employees gainful employment, increasing local economies and, ultimately, allowing for the private investors to make a potentially larger return on their investment enabling further economic growth.
    Well done.

    Mr Knight also should be applauded for understanding that, at this time, health care is not a right to be guaranteed by our government. He understands that the access to health care be guaranteed but the payment to it by our government should not as is presented to us by the current ACA.
    If one is to think that certain necessities to attain a higher quality life, i.e.. free health care to all, must be paid for and guaranteed by our government then one must also consider other necessities., i.e.. housing, food, clothing etc.
    All of these things are most certainly necessary for life sustainment. One can’t live in our society without shelter, or food, or clothing but, technically, one COULD live without a doctor’s care.

    My point being, if health care is demanded to be guaranteed and paid for by our government then why stop there? Citizens should then demand that their government pay for their food, housing, utilities, transportation, fuel and clothing for the whole family (maybe with a $25 co-pay?) from cradle to grave. Some more short-sighted would consider this scenario utopian. Others who consider long term would see the oppression inherent to the system.

    Single-payer ACA is a slippery slope that must not be descended regardless of how “fair” or “nice” it appears to be on the surface.
    What is “Fair” must never be confused with what is “Just”.
    Turning from a free society where the individual is accountable for his/her choices to a system where your government has the right to make your decisions for you is not a choice to be made flippantly, nor emotion-fed. This is an issue that must be made with decades if not centuries of posterity to be considered.

    I stand with Knight on his position on ACA with the freedom of the individual and our longevity as a free nation as his major concerns (as imperfect or as “unfair” it may appear).

  6. Rudy Ten says:

    I keep saying, VOTE THIS POS OUT!!!!

Leave a Comment


Latest Additions to SCVNews.com
The Santa Clarita Community College District Board of Trustees will host its annual organizational and business meeting on Wednesday, Dec. 17.
Dec. 17: COC Board Holds Annual Organizational Meeting
Six Flags Magic Mountain in Valencia has announced major changes to its kids area, which will be reimagined as Looney Tunes Land
Looney Tunes Land to Debut at Six Flags Magic Mountain by Summer 2026
The Santa Clarita Artists Association has announced the 2026 exhibition schedule for the SCAA Gallery in Old Town Newhall.
SCAA Gallery 2026 Calendar of Art Exhibits Released
The Greater Lost Angeles Homeless Count (Jan. 20-22) is still in need of volunteers.
Jan. 20-22: Greater Los Angeles Homeless Count Still Needs Volunteers
The Small Business Development Center hosted by College of the Canyons will offer a free webinar, "Ecommerce 2026 Trends: The New Rules of Winning Online," on Monday, Dec. 22 from 11 a.m. to 12 p.m.
Dec. 22: SBDC Webinar on Ecommerce
The Master's University swimming teams turned in a strong all-around performance Saturday, Dec. 13, sweeping both the men's and women's dual meets against Bethel University of Indiana.
TMU Swim Sweeps Bethel in Dual Meet
Canyons men's basketball (6-4) remains unbeaten on its current road trip with wins over College of the Desert and L.A. City College preceding a victory over Solano (3-8) on Dec. 13.
Cougars Win 80-73 at Solano College, Streak Moves to Three
1902 - Hi Jolly (Hadji Ali), Gen. E.F. Beale's Syrian camel driver, dies at Quartzsite, Ariz. [story]
Hi Jolly's Tomb
The Regular/Organizational Meeting of the Castaic Union School District Board of Trustees will be held on Tuesday, Dec. 16 at 6 p.m.
Dec. 16: Organizational Meeting of Castaic Board of Trustees
The Saugus Union School District Governing Board of Trustees will hold its annual organizational meeting on Tuesday, Dec. 16 at 6:30 p.m. at the Saugus District Education Center.
Dec. 16: Saugus Union School District Board Organizational Meeting
The Santa Clarita Community College District has officially begun a nationwide search for its next Superintendent-President.
Nationwide Search Underway for New President
Ronni and Shepard Goodman met as students at California State University, Northridge in the 1960s and in the years since, they committed to supporting CSUN and empowering first-generation students to reach their highest aspirations.
CSUN Renames Academic Building to Honor $10 Million Gift
Every holiday season, Henry Mayo Newhall Hospital employees provide support to local families through the William S. Hart Union High School District Annual Helping Families Program.
Henry Mayo Hospital Employees Support Local Families
The Los Angeles County Sheriff's Department has issued a statement regarding the Terrorist Attack in Australia on the first night of Hanukkah.
LASD Response to Australian Terrorist Attack on Hanukkah
Caltrans has announced overnight lane reductions along Interstate 405 (I-405) through the Sepulveda Pass for median barrier work. The work will start after 9 p.m. Monday, Dec. 15 and will end by 6 a.m. each morning to Friday, Dec. 19.
Dec. 15-19: I-405 Lane Reductions in Sepulveda Pass
Allie Miller scored a career-high 23 points and Bella Forker added a career-high 20 as The Master's University women's basketball team defeated the Life Pacific Warriors 72-42 Saturday, Dec. 13 in The MacArthur Center.
Lady Mustangs Stay Undefeated in Conference Play
The Master's University men's basketball team stayed undefeated in GSAC play with a 92-82 home win over Life Pacific on Saturday, Dec. 13 in The MacArthur Center. 
Mustangs Use Strong First Half to Top LPU
The city of Santa Clarita Film Office has released the list of four productions filming in the Santa Clarita Valley for the week of Monday, Dec. 15 to Sunday, Dec. 21.
Dec. 15-21: Four Productions Filming in SCV
1987 - Incorporation: Santa Clarita officially becomes a city [story]
first City Council
1931 - Season's first major storm deposits 9 inches of snow in Newhall, 10 in Saugus [story]
1931 snowfall
1900 - Automobile Club of Southern California founded; first car in SCV appeared 1902 [story]
Auto Club Topper
Boys & Girls Club of Santa Clarita Valley recently hosted its annual Board Holiday Luncheon, a special gathering to celebrate and honor those who continue to uplift the club and the young people it serves.
Boys & Girls Club of Santa Clarita Valley Board Holiday Luncheon
Come and share your wish lists and take a photo with Santa in his holiday home through Christmas Eve, Dec. 24 at Valencia Town Center.
Photos With Santa at Valencia Town Center Through Christmas Eve
The city of Santa Clarita invites families to experience the magic of the holidays at the fifth annual Barnyard Light Tour on Saturday, Dec. 13, from 5-7:30 p.m. at William S. Hart Park.
Dec. 13: Holiday Sparkle Takes Over at Hart Park Barnyard Light Tour
SCVNews.com