3.0.0 1994 2022-11-01T13:50:53Z 2022-11-01T13:50:53Z Senate S 2019-06-26 116 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2019-06-26T20:29:39Z Investing in Main Street Act of 2019 116 116 HR 2019-01-15 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. Identical bill CRS 2019-06-26 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2019-06-26 Introduced in Senate IntroReferral 10000 9 Library of Congress Y000064 Sen. Young, Todd [R-IN] Todd Young R IN C. N D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL 2019-06-26 True R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2019-06-26 True Commerce Administrative law and regulatory procedures Banking and financial institutions regulation Business investment and capital Small business Commerce 00 2019-06-26 Introduced in Senate 2019-07-15T19:17:02Z 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.

]]> Investing in Main Street Act of 2019 Display Title Investing in Main Street Act of 2019 Short Title(s) as Introduced Investing in Main Street Act of 2019 Introduced in Senate IS Official Title as Introduced A bill 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 Senate IS Introduced in Senate 2019-06-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s1994is/xml/BILLS-116s1994is.xml 2019-06-26 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.