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US HB754

Bill

Status

Engrossed

2/25/2025

Primary Sponsor

Judy Chu

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Amends Section 302(b) of the Small Business Investment Act of 1958 to increase investment limits in Small Business Investment Companies (SBICs)
  • Raises the investment cap from 5 percent to 15 percent in two separate paragraphs of existing law
  • Passed the House of Representatives on February 24, 2025

Legislative Description

Investing in Main Street Act of 2025

Commerce

Last Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2/25/2025

Committee Referrals

Banking, Housing, And Urban Affairs2/25/2025
Small Business1/28/2025

Full Bill Text

No bill text available