<?xml version="1.0" encoding="utf-8" standalone="no"?>
<billStatus>
  <version>3.0.0</version>
  <bill>
    <number>400</number>
    <updateDate>2025-12-05T08:08:25Z</updateDate>
    <updateDateIncludingText>2025-12-05T08:08:25Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2023-01-20</introducedDate>
    <congress>118</congress>
    <legislationUrl>https://www.congress.gov/bill/118th-congress/house-bill/400</legislationUrl>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 13 (Friday, January 20, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Ms. CHU:H.R. 400.Congress has the power to enact this legislation pursuantto the following:Art. I, Sec. 8, cl. 3 of the Constitution of the UnitedStates.The bill amends the Small Business Investment Act of 1958to increase the amount that may be invested in small businessinvestment companies.[Page H251]&lt;/pre&gt;</constitutionalAuthorityStatementText>
    </cdata>
    <committees>
      <item>
        <systemCode>ssbk00</systemCode>
        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred To</name>
            <date>2023-01-26T20:53:45Z</date>
          </item>
        </activities>
      </item>
      <item>
        <systemCode>hssm00</systemCode>
        <name>Small Business Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred To</name>
            <date>2023-01-20T17:04:10Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <relatedBills>
      <item>
        <title>Investing in Main Street Act of 2024</title>
        <congress>118</congress>
        <number>3730</number>
        <type>S</type>
        <latestAction>
          <actionDate>2024-02-01</actionDate>
          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
        </relationshipDetails>
      </item>
    </relatedBills>
    <actions>
      <item>
        <actionDate>2023-01-26</actionDate>
        <committees>
          <item>
            <systemCode>ssbk00</systemCode>
            <name>Banking, Housing, and Urban Affairs Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2023-01-25</actionDate>
        <actionTime>16:35:39</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
        <type>Floor</type>
        <actionCode>H38310</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2023-01-25</actionDate>
        <actionTime>16:35:37</actionTime>
        <text>On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays (2/3 required): 411 - 13 (Roll No. 35). (text: CR H304)</text>
        <type>Floor</type>
        <actionCode>H37300</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <recordedVotes>
          <recordedVote>
            <rollNumber>35</rollNumber>
            <url>https://clerk.house.gov/evs/2023/roll035.xml</url>
            <chamber>House</chamber>
            <congress>118</congress>
            <date>2023-01-25T21:35:37Z</date>
            <sessionNumber>1</sessionNumber>
          </recordedVote>
        </recordedVotes>
      </item>
      <item>
        <actionDate>2023-01-25</actionDate>
        <actionTime>16:35:37</actionTime>
        <text>Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays (2/3 required): 411 - 13 (Roll No. 35). (text: CR H304)</text>
        <type>Floor</type>
        <actionCode>8000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
        <recordedVotes>
          <recordedVote>
            <rollNumber>35</rollNumber>
            <url>https://clerk.house.gov/evs/2023/roll035.xml</url>
            <chamber>House</chamber>
            <congress>118</congress>
            <date>2023-01-25T21:35:37Z</date>
            <sessionNumber>1</sessionNumber>
          </recordedVote>
        </recordedVotes>
      </item>
      <item>
        <actionDate>2023-01-25</actionDate>
        <actionTime>16:27:05</actionTime>
        <text>Considered as unfinished business. (consideration: CR H312-313)</text>
        <type>Floor</type>
        <actionCode>H30000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2023-01-25</actionDate>
        <actionTime>13:50:03</actionTime>
        <text>At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.</text>
        <type>Floor</type>
        <actionCode>H37220</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2023-01-25</actionDate>
        <actionTime>13:36:18</actionTime>
        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 400.</text>
        <type>Floor</type>
        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2023-01-25</actionDate>
        <actionTime>13:36:16</actionTime>
        <text>Considered under suspension of the rules. (consideration: CR H304-306)</text>
        <type>Floor</type>
        <actionCode>H30000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2023-01-25</actionDate>
        <actionTime>13:36:04</actionTime>
        <text>Mr. Williams (TX) moved to suspend the rules and pass the bill.</text>
        <type>Floor</type>
        <actionCode>H30300</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2023-01-20</actionDate>
        <text>Referred to the House Committee on Small Business.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>hssm00</systemCode>
            <name>Small Business Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2023-01-20</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>Intro-H</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2023-01-20</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>C001080</bioguideId>
        <fullName>Rep. Chu, Judy [D-CA-28]</fullName>
        <firstName>Judy</firstName>
        <lastName>Chu</lastName>
        <party>D</party>
        <state>CA</state>
        <district>28</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>G000597</bioguideId>
        <fullName>Rep. Garbarino, Andrew R. [R-NY-2]</fullName>
        <firstName>Andrew</firstName>
        <lastName>Garbarino</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>R.</middleName>
        <district>2</district>
        <sponsorshipDate>2023-01-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>J000307</bioguideId>
        <fullName>Rep. James, John [R-MI-10]</fullName>
        <firstName>John</firstName>
        <lastName>James</lastName>
        <party>R</party>
        <state>MI</state>
        <district>10</district>
        <sponsorshipDate>2023-01-24</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>T000488</bioguideId>
        <fullName>Rep. Thanedar, Shri [D-MI-13]</fullName>
        <firstName>Shri</firstName>
        <lastName>Thanedar</lastName>
        <party>D</party>
        <state>MI</state>
        <district>13</district>
        <sponsorshipDate>2023-01-25</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Commerce</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Bank accounts, deposits, capital</name>
          <updateDate>2023-02-01T18:00:55Z</updateDate>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
          <updateDate>2023-02-01T18:00:55Z</updateDate>
        </item>
        <item>
          <name>Business investment and capital</name>
          <updateDate>2023-02-01T18:00:55Z</updateDate>
        </item>
        <item>
          <name>Small business</name>
          <updateDate>2023-02-01T18:00:55Z</updateDate>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Commerce</name>
        <updateDate>2023-01-24T15:30:23Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-01-20</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-01-24T15:51:53Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;Investing in Main Street Act of 2023&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill authorizes certain banking entities 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. The current limit is 5%.&lt;/p&gt;</text>
        </cdata>
      </summary>
      <summary>
        <versionCode>53</versionCode>
        <actionDate>2023-01-25</actionDate>
        <actionDesc>Passed House</actionDesc>
        <updateDate>2023-02-23T13:45:55Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;Investing in Main Street Act of 2023&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill authorizes certain banking entities 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. The current limit is 5%.&lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>Investing in Main Street Act of 2023</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Investing in Main Street Act of 2023</title>
        <updateDate>2024-07-24T15:18:15Z</updateDate>
      </item>
      <item>
        <titleType>Short Titles from RFS (Referred to Senate) bill text</titleType>
        <titleTypeCode>255</titleTypeCode>
        <title>Investing in Main Street Act of 2023</title>
        <updateDate>2024-07-24T15:18:04Z</updateDate>
        <chamberCode>S</chamberCode>
        <chamberName>Senate</chamberName>
        <billTextVersionName>Referred in Senate</billTextVersionName>
        <billTextVersionCode>RFS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Investing in Main Street Act of 2023</title>
        <updateDate>2024-05-24T13:43:05Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Passed House</titleType>
        <titleTypeCode>104</titleTypeCode>
        <title>Investing in Main Street Act of 2023</title>
        <updateDate>2024-05-24T13:43:01Z</updateDate>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
        <billTextVersionName>Engrossed in House</billTextVersionName>
        <billTextVersionCode>EH</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>To amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.</title>
        <updateDate>2024-03-18T20:13:42Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Referred in Senate</type>
        <date>2023-01-26T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr400rfs/xml/BILLS-118hr400rfs.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Engrossed in House</type>
        <date>2023-01-25T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr400eh/xml/BILLS-118hr400eh.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Introduced in House</type>
        <date>2023-01-20T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr400ih/xml/BILLS-118hr400ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2023-01-26</actionDate>
      <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
    </latestAction>
  </bill>
  <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
    <dc:format>text/xml</dc:format>
    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
  </dublinCore>
</billStatus>
