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The House Financial Service Subcommittee on Capital Markets and Government Sponsored Enterprises held a hearing titled, "Legislation to Further Reduce Impediments to Capital Formation." The hearing examined seven legislative proposals: H.R. 31 The Next Steps for Credit Availability Act H.R. 1800 The Small Business Credibility Act H.R. 1973 The Business Development Company Modernization Act H.R. 2274 Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act H.R. __ To direct the SEC to revise its regulations relating to requiring the use of eXtensible Business Reporting