H.R. 754 · House bill · 119th Congress

Investing in Main Street Act of 2025

Sponsored by Rep. Judy Chu, California with 4 co-sponsors

Introduced Jan 28, 2025

Referred to the Banking, Housing, and Urban Affairs Committee

Latest action Feb 25, 2025

SponsorRep. Judy Chu, California· 4 cosponsorsRep. Brad Finstad, MinnesotaRep. LaMonica McIver, New Jersey

Show 2 more cosponsors

What the bill 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%.

Read the full summary

Investing in Main Street Act of 2025

Summary by the Congressional Research Service, Introduced in House (Jan 28, 2025).

BillFull text · congress.gov(opens in a new tab)

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About 100 words

Contents

Sec. 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”.

Official text, Referred in Senate (Feb 25, 2025), from the Government Publishing Office via Congress.gov. Printed version (PDF) · All versions on Congress.gov

What the bill does

Read the full summary

Investing in Main Street Act of 2025

Summary by the Congressional Research Service, Introduced in House (Jan 28, 2025).