summary
Introduced
07/09/2025
07/09/2025
In Committee
07/09/2025
07/09/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A bill to amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.
AI Summary
This bill proposes to amend the Small Business Investment Act of 1958 by increasing the percentage that can be invested in small business investment companies (SBICs) from 5% to 15%. Specifically, the bill modifies Section 302(b) of the original act, which governs investment limits. Small Business Investment Companies are private investment funds that are licensed and regulated by the Small Business Administration (SBA) to provide capital to small businesses. By raising the investment percentage, the bill aims to provide more financial flexibility and potentially increase funding available to small businesses. The legislation, titled the "Investing in Main Street Act of 2025", would enable investors to commit a higher proportion of their resources to SBICs, which could help stimulate small business growth and economic development by making more capital accessible to entrepreneurs and small enterprises.
Committee Categories
Housing and Urban Affairs
Sponsors (4)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 07/09/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/senate-bill/2223/all-info |
| BillText | https://www.congress.gov/119/bills/s2223/BILLS-119s2223is.pdf |
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