Legis Daily

Investing in Main Street Act of 2019

USA116th CongressS-1994| Senate 
| Updated: 6/26/2019
Todd Young

Todd Young

Republican Senator

Indiana

Cosponsors (2)
Tammy Duckworth (Democratic)James E. Risch (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 15, 2019

Latest Companion Bill Action

HR 116-116
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 26, 2019
Introduced in Senate
Jun 26, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • January 15, 2019

    Latest Companion Bill Action

    HR 116-116
    Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.


  • June 26, 2019
    Introduced in Senate


  • June 26, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Commerce

Related Bills

  • HR 116-116: Investing in Main Street Act of 2019
Administrative law and regulatory proceduresBanking and financial institutions regulationBusiness investment and capitalSmall business

Investing in Main Street Act of 2019

USA116th CongressS-1994| Senate 
| Updated: 6/26/2019
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 15, 2019

Latest Companion Bill Action

HR 116-116
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 26, 2019
Introduced in Senate
Jun 26, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • January 15, 2019

    Latest Companion Bill Action

    HR 116-116
    Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.


  • June 26, 2019
    Introduced in Senate


  • June 26, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Todd Young

Todd Young

Republican Senator

Indiana

Cosponsors (2)
Tammy Duckworth (Democratic)James E. Risch (Republican)

Banking, Housing, and Urban Affairs Committee

Commerce

Related Bills

  • HR 116-116: Investing in Main Street Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationBusiness investment and capitalSmall business