Investing in Main Street Act of 2025

HR 754 - 119 Congress

Introduced

Jan 28, 2025

Origin chamber

House

Updated time

Mar 01, 2025 04:23 am

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%.

Sponsors

Judy Chu

Representative - California

Party: Democratic, 2009 -

Cosponsors

LaMonica McIver

Representative - New Jersey

Party: Democratic, 2024 -

Andrew R. Garbarino

Representative - New York

Party: Republican, 2021 -

Maggie Goodlander

Representative - New Hampshire

Party: Democratic, 2025 -

Brad Finstad

Representative - Minnesota

Party: Republican, 2022 -

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