Investing in All of America Act of 2025
Introduced Mar 11, 2025 by Rep. Daniel Meuser
Signed into law.
This act modifies the limit on the amount of financing available to a Small Business Investment Company (SBIC) from the Small Business Administration (SBA). It also expands the definition of private capital with respect to SBICs.
Specifically, the act reduces the maximum outstanding financing available to an SBIC from 300% to 200% of the SBIC's private capital. The act increases from $350 million to $475 million the maximum financing available to two or more commonly controlled SBICs that make quarterly or semiannual interest payments.
The act also expands the amounts that may be excluded from the calculation of the financing limit to include the amounts an SBIC invests in (1) rural areas, (2) certain technology categories, or (3) small manufacturers. The act revises the cap on such excluded amounts to the lesser of $125 million or the aggregate of 50% of the private capital of the SBIC.
Additionally, the act expands what is considered the private capital of an SBIC to include funds obtained from the business revenue of additional government-sponsored corporations and funds invested by the trust or endowment of a college or university.
Summary by the Congressional Research Service.
No recorded roll-call vote on this bill — it may have passed by voice vote or unanimous consent, which don't record individual votes.
- May 19, 2026Signed by President.
- May 19, 2026Became Public Law No: 119-92.
- May 12, 2026Presented to President.
- Apr 16, 2026Message on Senate action sent to the House.
- Apr 15, 2026Passed Senate without amendment by Unanimous Consent. (consideration: CR S1789-1790)
- Apr 15, 2026Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
- Apr 15, 2026Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
- Dec 2, 2025Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Dec 1, 2025Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
- Dec 1, 2025Motion to reconsider laid on the table Agreed to without objection.
- Dec 1, 2025On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
- Dec 1, 2025DEBATE - The House proceeded with forty minutes of debate on H.R. 2066.
- Dec 1, 2025Considered under suspension of the rules. (consideration: CR H4918-4919)
- Dec 1, 2025Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
- Aug 15, 2025Placed on the Union Calendar, Calendar No. 185.
- Aug 15, 2025Reported (Amended) by the Committee on Small Business. H. Rept. 119-227.
- Jul 22, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 0.
- Jul 22, 2025Committee Consideration and Mark-up Session Held
- Mar 11, 2025Referred to the House Committee on Small Business.
- Mar 11, 2025Introduced in House