Introduced:
Jan 28, 2025
Policy Area:
Commerce
Congress.gov:
Bill Statistics
10
Actions
4
Cosponsors
1
Summaries
5
Subjects
3
Text Versions
Yes
Full Text
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Latest Action
Feb 25, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summaries (1)
Introduced in House
- Jan 28, 2025
00
<p><strong>Investing in Main Street Act of 2025</strong></p><p>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%.</p>
Actions (10)
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Type: IntroReferral
| Source: Senate
Feb 25, 2025
Motion to reconsider laid on the table Agreed to without objection.
Type: Floor
| Source: House floor actions
| Code: H38310
Feb 24, 2025
4:59 PM
4:59 PM
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
Type: Floor
| Source: House floor actions
| Code: H37300
Feb 24, 2025
4:59 PM
4:59 PM
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
Type: Floor
| Source: Library of Congress
| Code: 8000
Feb 24, 2025
4:59 PM
4:59 PM
DEBATE - The House proceeded with forty minutes of debate on H.R. 754.
Type: Floor
| Source: House floor actions
| Code: H8D000
Feb 24, 2025
4:48 PM
4:48 PM
Considered under suspension of the rules. (consideration: CR H743-745)
Type: Floor
| Source: House floor actions
| Code: H30000
Feb 24, 2025
4:48 PM
4:48 PM
Mr. Williams (TX) moved to suspend the rules and pass the bill.
Type: Floor
| Source: House floor actions
| Code: H30300
Feb 24, 2025
4:48 PM
4:48 PM
Referred to the House Committee on Small Business.
Type: IntroReferral
| Source: House floor actions
| Code: H11100
Jan 28, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: Intro-H
Jan 28, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: 1000
Jan 28, 2025
Subjects (5)
Bank accounts, deposits, capital
Banking and financial institutions regulation
Business investment and capital
Commerce
(Policy Area)
Small business
Cosponsors (4)
(D-NH)
Feb 24, 2025
Feb 24, 2025
(R-MN)
Jan 28, 2025
Jan 28, 2025
(R-NY)
Jan 28, 2025
Jan 28, 2025
(D-NJ)
Jan 28, 2025
Jan 28, 2025
Text Versions (3)
Full Bill Text
Length: 1,280 characters
Version: Referred in Senate
Version Date: Feb 25, 2025
Last Updated: Nov 15, 2025 2:25 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 754 Referred in Senate
(RFS) ]
<DOC>
119th CONGRESS
1st Session
H. R. 754
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
February 25, 2025
Received; read twice and referred to the Committee on Banking, Housing,
and Urban Affairs
_______________________________________________________________________
AN ACT
To amend the Small Business Investment Act of 1958 to increase the
amount that may be invested in small business investment companies.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[H.R. 754 Referred in Senate
(RFS) ]
<DOC>
119th CONGRESS
1st Session
H. R. 754
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
February 25, 2025
Received; read twice and referred to the Committee on Banking, Housing,
and Urban Affairs
_______________________________________________________________________
AN ACT
To amend the Small Business Investment Act of 1958 to increase the
amount that may be invested in small business investment companies.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``Investing in Main Street Act of
2025''.
SEC. 2.
Section 302
(b) of the Small Business Investment Act of 1958 (15
U.
(b) of the Small Business Investment Act of 1958 (15
U.S.C. 682
(b) ) is amended--
(1) in paragraph
(1) , by striking ``5 percent'' and
inserting ``15 percent''; and
(2) in paragraph
(2) , by striking ``5 percent'' and
inserting ``15 percent''.
Passed the House of Representatives February 24, 2025.
Attest:
KEVIN F. MCCUMBER,
Clerk.