119th Congress
H.R. 754
Investing in Main Street Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Judy Chu(D-CA)
- Introduced
- Jan 28, 2025
- Policy area
- Commerce
- Committees
- House Committee on Small Business; Senate Committee on Banking, Housing, and Urban Affairs
- Official text
- Referred in Senate · Congress.gov page
Cosponsors (4)
Original cosponsors (3)
- Andrew R. Garbarino (R-NY)
- Brad Finstad (R-MN)
- LaMonica McIver (D-NJ)
Added later (1)
- Maggie Goodlander (D-NH) · Feb 24, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
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%.
Roll-call votes
No recorded votes on this bill.
Actions
- Feb 25, 2025 · Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. - Feb 24, 2025 · House
Motion to reconsider laid on the table Agreed to without objection. - Feb 24, 2025 · House
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743) - Feb 24, 2025 · House
DEBATE - The House proceeded with forty minutes of debate on H.R. 754. - Feb 24, 2025 · House
Considered under suspension of the rules. (consideration: CR H743-745) - Feb 24, 2025 · House
Mr. Williams (TX) moved to suspend the rules and pass the bill. - Jan 28, 2025 · House
Referred to the House Committee on Small Business. - Jan 28, 2025
Introduced in House