arrow_back Back to App

Boosting Investment for Small Businesses in Rural and High-Tech Areas.

This law makes it easier for Small Business Investment Companies (SBICs) to raise capital specifically for supporting small enterprises. The changes aim to channel more private investment into businesses located in rural or low-income areas, as well as small manufacturers and companies in critical technology sectors. This should lead to increased job creation and economic growth in these targeted communities and industries.
Key points
Increases access to capital for small businesses in rural and low-income communities.
Provides financial support for small manufacturers and companies developing key technologies.
Investment firms can borrow more money if they focus their investments on these priority sectors.
article Official text account_balance Process page
Passed House
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_2066
Sponsor: Rep. Meuser, Daniel [R-PA-9]
Process start date: 2025-03-11