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Bill · 119th Congress · HR 754
Investing in Main Street Act of 2025
Refreshed 3 h ago
Introduced 2025-01-28Topic: economy jobsSummary
Summary by the Congressional Research ServiceInvesting 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 Democrat sponsor
- 4 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-02-25 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2025-02-24 | House | Motion to reconsider laid on the table Agreed to without objection. | |
| 2025-02-24 | House | On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743) | |
| 2025-02-24 | Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743) | floor pass | |
| 2025-02-24 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 754. | |
| 2025-02-24 | House | Considered under suspension of the rules. (consideration: CR H743-745) | |
| 2025-02-24 | House | Mr. Williams (TX) moved to suspend the rules and pass the bill. | |
| 2025-01-28 | House | Referred to the House Committee on Small Business. | refer |
| 2025-01-28 | Introduced in House | introduce | |
| 2025-01-28 | Introduced in House | introduce |