Small Business Investment Company Licensing and Examination Fees Inflation Adjustment

SMALL BUSINESS ADMINISTRATION Small Business Investment Company Licensing and Examination Fees Inflation Adjustment AGENCY: U.S. Small Business Administration. ACTION: Notice of inflation adjustment of SBIC licensing and examination fees. SUMMARY: The U.S. Small Business Administration (SBA) is providing notice of the annual Inflation Adjustment to the Licensing and Examination Fees charged in the Small Business Investment Company (SBIC) program, required under the SBIC program regulations. DATES: The SBIC program Licensing and Examination Fees identified in this notice will become effective on October 1, 2026, and will not require further Inflation Adjustment prior to the release of the June 2027 Consumer Price Index for All Urban Consumers (CPI-U), as calculated by the U.S. Bureau of Labor Statistics (BLS). FOR FURTHER INFORMATION CONTACT: Paul Van Eyl, Office of Investment and Innovation at 202-257-5955 or oii.policy@sba.gov. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. SUPPLEMENTARY INFORMATION: The SBIC program regulations at 13 CFR 107.300(c)(4), 107.692(b)(2), and 107.692(e) require SBA to annually adjust the SBIC program Licensing and Examination Fees using the Inflation Adjustment defined in 13 CFR 107.50. The current Licensing Fees and Examination Fees payable by SBIC Applicants and SBICs, respectively, became effective on October 1, 2025. This document provides notice of the annual Inflation Adjustment based on the release of the June 2026 BLS CPI-U. The table below identifies the Licensing Fees payable by SBIC License Applicants and Examination Fees payable by SBICs, effective as of October 1, 2026.   SBIC fee type Fund sequence Fees amounts (effective October 1, 2026) Licensing Fees (effective under § 107.300): Initial Licensing Fee § 107.300(c)(1) Fund I $5,400   Fund II 11,000   Fund III 16,400   Fund IV+ 21,800 Final Licensing Base Fee § 107.300(c)(2) Fund I 11,000   Fund II 16,400   Fund III 27,300   Fund IV+ 32,800 Licensing Resubmission Penalty Fee § 107.300(c)(3)  1 11,000 Examination Fees (effective under § 107.692): Minimum Base Fee (§ 107.692(b)) All Funds 11,700 Maximum Base Fee for non-Leveraged SBICs (§ 107.692(b)) All Funds 38,900 Maximum Base Fee for Leveraged SBICs (§ 107.692(b)) All Funds 56,900 Delay Fee (§ 107.692(e)) All Funds 800 1   Resubmission Penalty Fee. The Resubmission Penalty Fee means a $11,000 penalty fee assessed to an applicant that has previously withdrawn or is otherwise not approved for a license that must be paid in addition to the Initial and Final Licensing Fees at the time the applicant resubmits its application. ( Authority: 15 U.S.C. 681(e) and 687b(b); 13 CFR 107.300 and 107.692.) Joshua R. Carter, Associate Administrator, U.S. Small Business Administration, Office of Investment and Innovation. [FR Doc. 2026-15468 Filed 7-30-26; 8:45 am] BILLING CODE 8026-09-P