Investing in All of America Act of 2025
3/25/2025, 5:38 AMSummary of Bill HR 2066
Bill 119 HR 2066, also known as the Small Business Investment Act Amendment, aims to make changes to the Small Business Investment Act of 1958. The main goal of this bill is to exclude certain amounts invested in smaller enterprises located in rural or low-income areas, as well as small businesses in critical technology areas, from the limit on leverage.The bill seeks to provide more opportunities for small businesses in underserved areas to access the capital they need to grow and thrive. By exempting investments in these specific types of businesses from leverage limits, the hope is that more investors will be incentivized to support these enterprises, ultimately leading to economic development in these communities.
In addition to these changes, the bill also includes provisions for other purposes related to small business investment. Overall, the Small Business Investment Act Amendment aims to promote economic growth and job creation in rural and low-income areas, as well as in critical technology sectors.
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Current Status of Bill HR 2066
Bill HR 2066 is currently in the status of Bill Introduced since March 11, 2025. Bill HR 2066 was introduced during Congress 119 and was introduced to the House on March 11, 2025. Bill HR 2066's most recent activity was Referred to the House Committee on Small Business. as of March 11, 2025Bipartisan Support of Bill HR 2066
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2066
Primary Policy Focus
Alternate Title(s) of Bill HR 2066
To amend the Small Business Investment Act of 1958 to exclude from the limit on leverage certain amounts invested in smaller enterprises located in rural or low-income areas and small businesses in critical technology areas, and for other purposes.To amend the Small Business Investment Act of 1958 to exclude from the limit on leverage certain amounts invested in smaller enterprises located in rural or low-income areas and small businesses in critical technology areas, and for other purposes.Comments
Most relevant
Sponsors and Cosponsors of HR 2066
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