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HR 754Passed HouseCommercehouse
Investing in Main Street Act of 2025
Introduced Jan 28, 2025 by Rep. Judy Chu
IntroducedCommitteeFloorCongressLaw
The House passed it. The Senate has to pass it before it can reach the President.
Latest action · Feb 25, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
What it does
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%.
Summary by the Congressional Research Service.
Roll-call votes
No recorded roll-call vote on this bill — it may have passed by voice vote or unanimous consent, which don't record individual votes.
History
- Feb 25, 2025Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Feb 24, 2025Motion to reconsider laid on the table Agreed to without objection.
- Feb 24, 2025On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
- Feb 24, 2025Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
- Feb 24, 2025DEBATE - The House proceeded with forty minutes of debate on H.R. 754.
- Feb 24, 2025Considered under suspension of the rules. (consideration: CR H743-745)
- Feb 24, 2025Mr. Williams (TX) moved to suspend the rules and pass the bill.
- Jan 28, 2025Referred to the House Committee on Small Business.
- Jan 28, 2025Introduced in House