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Simple English definitions for legal terms
S.B.
Read a random definition: Investor Protection Guide: Systematic Investment Plan (SIP)
A quick definition of S.B.:
Term: S.B.
Definition: S.B. stands for Senate Bill, which is a proposed law that is introduced in the United States Senate. It is a document that outlines a new law or changes to an existing law that a senator wants to make. S.B. is also an abbreviation for other terms such as Small Business Administration (SBA) and Small-Business Investment Company (SBIC).
A more thorough explanation:
Definition: S.B. stands for Senate Bill, which is a proposed law introduced in the United States Senate. It is identified by a unique number and can become a law if it is passed by both the Senate and the House of Representatives and signed by the President.
For example, S.B. 1234 is a Senate Bill that proposes to increase funding for public schools.
The abbreviation S.B. can also stand for other things, such as:
- SBA - Small Business Administration
- SBIC - Small Business Investment Company
- SC - Scilicet
- S.C. - Supreme Court or same case
- SENATUS CONSULTUM - a decree of the Roman Senate
These examples illustrate how S.B. can have different meanings depending on the context in which it is used.