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Amendment to Small Business Investment Limits (SBIC)

The Act amends the Small Business Investment Act of 1958. It increases the amount that may be invested in Small Business Investment Companies (SBICs) by raising the statutory limit from 5 percent to 15 percent.
Key points
Amends the Small Business Investment Act of 1958.
Increases the investment limit for Small Business Investment Companies (SBICs) from 5% to 15%.
article Official text account_balance Process page
Passed House
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_754
Sponsor: Rep. Chu, Judy [D-CA-28]
Process start date: 2025-01-28
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Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Investing in Main Street Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_754.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-01-28.

What are the main provisions?

Key points include:

  • Amends the Small Business Investment Act of 1958.
  • Increases the investment limit for Small Business Investment Companies (SBICs) from 5% to 15%.
What is the specific legal status?

The current status is Passed House.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Chu, Judy [D-CA-28].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-31.

CATEGORIES

Economy