HR 754 ยท Investing in Main Street Act of 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced
- Jan 28, 2025
- Latest action
- Feb 25, 2025
- Sponsor
- Rep. Judy Chu [D-CA-28]
- Policy area
- Commerce
- Cosponsors
- 4
Summary
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%.
Recent actions
- Feb 25, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Feb 24, 2025 Motion to reconsider laid on the table Agreed to without objection.
- Feb 24, 2025 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
- Feb 24, 2025 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
- Feb 24, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 754.
- Feb 24, 2025 Considered under suspension of the rules. (consideration: CR H743-745)
- Feb 24, 2025 Mr. Williams (TX) moved to suspend the rules and pass the bill.
- Jan 28, 2025 Referred to the House Committee on Small Business.
Votes
No recorded votes are available for this bill.