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US HB5559

Bill

Status

Introduced

9/23/2025

Primary Sponsor

Marilyn Strickland

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Amends the Small Business Investment Act of 1958 to allow Small Business Investment Companies (SBICs) to exclude equity investments in socially and economically disadvantaged small businesses from their leverage limit calculations, up to 50 percent of the company's private capital

  • Caps maximum outstanding leverage for qualifying SBICs at the lesser of 300 percent of private capital or $175,000,000 per company

  • Limits combined leverage to $250,000,000 for two or more qualifying SBICs under common control

  • Qualifying SBICs must be newly licensed after enactment and certify in writing that at least 50 percent of their investment dollars will go to socially and economically disadvantaged small business concerns as defined in the Small Business Act

Legislative Description

Investments in Innovation Act of 2025

Commerce

Last Action

Referred to the House Committee on Small Business.

9/23/2025

Committee Referrals

Small Business9/23/2025

Full Bill Text

No bill text available