Investing in Main Street Act of 2025

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%.

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 754 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 754

  To amend the Small Business Investment Act of 1958 to increase the 
  amount that may be invested in small business investment companies.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 28, 2025

  Ms. Chu (for herself, Mr. Finstad, Mrs. McIver, and Mr. Garbarino) 
 introduced the following bill; which was referred to the Committee on 
                             Small Business

_______________________________________________________________________

                                 A BILL


 
  To amend the Small Business Investment Act of 1958 to increase the 
  amount that may be invested in small business investment companies.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Investing in Main Street Act of 
2025''.

SEC. 2. INVESTMENT IN SMALL BUSINESS INVESTMENT COMPANIES.

    Section 302(b) of the Small Business Investment Act of 1958 (15 
U.S.C. 682(b)) is amended--
            (1) in paragraph (1), by striking ``5 percent'' and 
        inserting ``15 percent''; and
            (2) in paragraph (2), by striking ``5 percent'' and 
        inserting ``15 percent''.
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