Investing in Main Street Act of 2025
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Topic: Commerce
Sponsor: Rep. Chu, Judy [D-CA-28] (D) - CA
Summary
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%.
Legislative Subjects
Bank accounts, deposits, capital; Banking and financial institutions regulation; Business investment and capital; Commerce; Small business
Latest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-02-25
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