Investing in Main Street Act of 2025

3/1/2025, 4:23 AM
Congress
119

Number
HR - 754

Introduced on
2025-01-28

# Amendments
0

Sponsors
Judy Chu

Cosponsors
+5

Variations and Revisions

1/28/2025

Status of Legislation

Bill Introduced
Introduced to House
Passed in House
Introduced to Senate
Senate to Vote

Purpose and Summary

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill 119 HR 754, also known as the "Small Business Investment Act of 1958 Amendment," aims to make changes to the Small Business Investment Act of 1958. The main goal of this bill is to increase the maximum amount that can be invested in small business investment companies (SBICs).

Currently, the Small Business Investment Act of 1958 limits the amount that can be invested in SBICs. This bill seeks to raise that limit, allowing for more investment in these small businesses. This increase in investment could potentially help small businesses grow and thrive, creating more jobs and stimulating economic growth.

By amending the Small Business Investment Act of 1958, this bill aims to provide more opportunities for small businesses to access the capital they need to succeed. This could have a positive impact on the overall economy and help support the growth of small businesses across the country. Overall, Bill 119 HR 754 is focused on increasing investment in small businesses through SBICs, with the goal of promoting economic growth and job creation.
Alternative Names
Official Title as IntroducedTo amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.

Policy Areas
Commerce

Comments

Recent Activity

Latest Action2/25/2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.