3.0.0 2364 2023-01-11T13:36:49Z 2023-01-11T13:36:49Z House HR 2017-05-04 115 [Congressional Record Volume 163, Number 77 (Thursday, May 4, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. JUDY CHU of California:H.R. 2364.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8--``The Congress shall have the powerto lay and collect taxes, duties, imposts, and excises, topay the debts and provide for the common defense and welfareof the United States.''[Page H4179]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2017-07-25T18:49:56Z hssm00 Small Business Committee House Standing Reported by 2017-07-12T19:49:28Z Markup by 2017-06-15T13:20:34Z Referred to 2017-05-04T13:00:50Z H. Rept. 115-216 Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019 115 6147 HR 2018-09-07 Message on Senate action sent to the House. Related bill CRS JOBS and Investor Confidence Act of 2018 115 488 S 2018-07-18 Message on House action received in Senate and at desk: House amendments to Senate bill. Related bill CRS John S. McCain National Defense Authorization Act for Fiscal Year 2019 115 5515 HR 2018-08-13 Became Public Law No: 115-232. Related bill CRS 2017-07-25 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2017-07-24 16:51:40 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2017-07-24 16:51:39 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6181-6182) Floor H37300 2 House floor actions 2017-07-24 16:51:39 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6181-6182) Floor 8000 9 Library of Congress 2017-07-24 16:40:47 DEBATE - The House proceeded with forty minutes of debate on H.R. 2364. Floor H8D000 2 House floor actions 2017-07-24 16:40:45 Considered under suspension of the rules. (consideration: CR H6181-6183) Floor H30000 2 House floor actions 2017-07-24 16:40:30 Mr. Chabot moved to suspend the rules and pass the bill. Floor H30300 2 House floor actions 2017-07-12 Placed on the Union Calendar, Calendar No. 152. Calendars H12410 2 House floor actions U00152 2017-07-12 Reported by the Committee on Small Business. H. Rept. 115-216. Committee H12200 2 House floor actions hssm00 Small Business Committee 2017-07-12 Reported by the Committee on Small Business. H. Rept. 115-216. Committee 5000 9 Library of Congress hssm00 Small Business Committee 2017-06-15 hssm00 Small Business Committee 1 House committee actions Ordered to be Reported. Committee 2017-06-15 hssm00 Small Business Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2017-05-04 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2017-05-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-05-04 Introduced in House IntroReferral 1000 9 Library of Congress C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 N M001188 Rep. Meng, Grace [D-NY-6] Grace Meng D NY 6 2017-05-04 True K000387 Rep. Knight, Stephen [R-CA-25] Stephen Knight R CA 25 2017-05-04 True 2017-07-19T15:25:23Z H.R. 2364, Investing in Main Street Act of 2017 https://www.cbo.gov/publication/52935 As reported by the House Committee on Small Business on July 12, 2017 Commerce Bank accounts, deposits, capital Banking and financial institutions regulation Business investment and capital Small business Commerce 00 2017-05-04 Introduced in House 2017-07-25T20:56:02Z Investing in Main Street Act of 2017

This bill amends the Small Business Investment Act of 1958 to increase from 5% to 15% of its capital and surplus, the amount a national bank, a member bank of the Federal Reserve System, a nonmember insured bank (to the extent permitted under applicable state law), or a federal savings association may invest in one or more small business investment companies (SBICs), or in any entity established to invest solely in SBICs. The increase is subject to the approval of the appropriate federal banking agency.

]]> 79 2017-07-12 Reported to House without amendment 2017-07-25T21:54:19Z (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Investing in Main Street Act of 2017

(Sec. 2) This bill amends the Small Business Investment Act of 1958 to increase from 5% to 15% of its capital and surplus, the amount a national bank, a member bank of the Federal Reserve System, a nonmember insured bank (to the extent permitted under applicable state law), or a federal savings association may invest in one or more small business investment companies (SBICs), or in any entity established to invest solely in SBICs. The increase is subject to the approval of the appropriate federal banking agency.

]]> 81 2017-07-24 Passed House without amendment 2017-07-27T19:51:38Z (This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)

Investing in Main Street Act of 2017

(Sec. 2) This bill amends the Small Business Investment Act of 1958 to increase from 5% to 15% of its capital and surplus, the amount a national bank, a member bank of the Federal Reserve System, a nonmember insured bank (to the extent permitted under applicable state law), or a federal savings association may invest in one or more small business investment companies (SBICs), or in any entity established to invest solely in SBICs. The increase is subject to the approval of the appropriate federal banking agency.

]]> Investing in Main Street Act of 2017 Display Title Investing in Main Street Act of 2017 Official Title as Introduced To amend the Small Business Investment Act of 1958 to increase the amount that certain banks and savings associations may invest in small business investment companies, subject to the approval of the appropriate Federal banking agency, and for other purposes. Introduced in House IH Short Titles as Introduced Investing in Main Street Act of 2017 Short Titles as Reported to House Investing in Main Street Act of 2017 H House Short Titles as Passed House Investing in Main Street Act of 2017 H House Referred in Senate 2017-07-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr2364rfs/xml/BILLS-115hr2364rfs.xml Engrossed in House 2017-07-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr2364eh/xml/BILLS-115hr2364eh.xml Reported in House 2017-07-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr2364rh/xml/BILLS-115hr2364rh.xml Introduced in House 2017-05-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr2364ih/xml/BILLS-115hr2364ih.xml 2017-07-25 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.