Proposed
Bill · 119th Congress · S 2223
Investing in Main Street Act of 2025
Refreshed 32 min ago
Introduced 2025-07-09Topic: 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
- Todd Young Republican sponsor
- 5 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-07-09 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2025-07-09 | Introduced in Senate | introduce |