Investing in Main Street Act of 2019

United States116th CongressS-1994Senate
Latest legislative activity: Jun 26, 2019

Summary

Official Summary

Investing in Main Street Act of 2019

This bill amends the Small Business Investment Act of 1958 to permit certain banking entities, subject to the approval of the appropriate federal banking agency, 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.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-116: Investing in Main Street Act of 2019

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

  2. Introduced in Senate

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