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Investing in Main Street Act of 2021

USA117th CongressS-2451| Senate 
| Updated: 7/22/2021
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 2021 This bill authorizes 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.
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Timeline

Bill from Previous Congress

S 116-1994
Investing in Main Street Act of 2019
Jul 22, 2021
Introduced in Senate
Jul 22, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 3, 2021

Latest Companion Bill Action

HR 117-4256
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-1994
    Investing in Main Street Act of 2019


  • July 22, 2021
    Introduced in Senate


  • July 22, 2021
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • November 3, 2021

    Latest Companion Bill Action

    HR 117-4256
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Commerce

Related Bills

  • HR 117-4256: Investing in Main Street Act of 2021
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalSmall business

Investing in Main Street Act of 2021

USA117th CongressS-2451| Senate 
| Updated: 7/22/2021
Investing in Main Street Act of 2021 This bill authorizes 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

Bill from Previous Congress

S 116-1994
Investing in Main Street Act of 2019
Jul 22, 2021
Introduced in Senate
Jul 22, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 3, 2021

Latest Companion Bill Action

HR 117-4256
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-1994
    Investing in Main Street Act of 2019


  • July 22, 2021
    Introduced in Senate


  • July 22, 2021
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • November 3, 2021

    Latest Companion Bill Action

    HR 117-4256
    Received in the Senate and 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 117-4256: Investing in Main Street Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalSmall business