H.R. 754 Passed the House Commerce

Investing in Main Street Act of 2025

To amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Chu, Judy [D-CA-28] Introduced January 28, 2025 Cosponsors 4 (2 R, 2 D) Latest action February 25, 2025

Summary

Investing in Main Street Act of 2025
This bill authorizes certain banking entities to invest up to 15% of their capital and surplus in one or more small business investment companies (SBICs) or in any entity established to invest solely in SBICs. The current limit is 5%.

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Feb 25, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Feb 24, 2025 Motion to reconsider laid on the table Agreed to without objection.
  3. Feb 24, 2025 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
  4. Feb 24, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 754.
  5. Feb 24, 2025 Considered under suspension of the rules. (consideration: CR H743-745)
  6. Feb 24, 2025 Mr. Williams (TX) moved to suspend the rules and pass the bill.
  7. Jan 28, 2025 Referred to the House Committee on Small Business.
  8. Jan 28, 2025 Introduced in House

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