H.R. 754
119th Congress
Investing in Main Street Act of 2025
4
Cosponsors
10
Actions
0
Amendments
2
Committees
—
Since introduced
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
25 February 2025·1 year ago
Summary
Introduced in House · Updated 24 February 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%.
Timeline
10 actions
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
25 February 2025 · IntroReferral
Mr. Williams (TX) moved to suspend the rules and pass the bill.
24 February 2025 · Floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 754.
24 February 2025 · Floor
Considered under suspension of the rules. (consideration: CR H743-745)
24 February 2025 · Floor
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
24 February 2025 · Floor
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
24 February 2025 · Floor
Motion to reconsider laid on the table Agreed to without objection.
24 February 2025 · Floor
Referred to the House Committee on Small Business.
28 January 2025 · IntroReferral
Introduced in House
28 January 2025 · IntroReferral
Introduced in House
28 January 2025 · IntroReferral
Sponsorship
4 cosponsors
Sponsor
Democrat:Rep. Chu, Judy [D-CA-28]CACosponsors
- Democrat250%
- Republican250%
- Democrat:Rep. Goodlander, Maggie [D-NH-2]NH
- Republican:Rep. Finstad, Brad [R-MN-1]MN
- Democrat:Rep. McIver, LaMonica [D-NJ-10]NJ
- Republican:Rep. Garbarino, Andrew R. [R-NY-2]NY
Classification
Policy area
CommerceLegislative subjects
Committees
2
Small Business Committee
House · Standing
- Referred To28 Jan 2025
Banking, Housing, and Urban Affairs Committee
Senate · Standing
- Referred To25 Feb 2025
Cosponsor momentum
Cumulative over time
Cosponsors grew from 3 on 28 January 2025 to 4 on 24 February 2025.
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