[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 400 Referred in Senate (RFS)]

<DOC>
118th CONGRESS
  1st Session
                                H. R. 400


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 26, 2023

Received; read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

_______________________________________________________________________

                                 AN ACT


 
  To amend the Small Business Investment Act of 1958 to increase the 
  amount that may be invested in small business investment companies.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Investing in Main Street Act of 
2023''.

SEC. 2. INVESTMENT IN SMALL BUSINESS INVESTMENT COMPANIES.

    Section 302(b) of the Small Business Investment Act of 1958 (15 
U.S.C. 682(b)) is amended--
            (1) in paragraph (1), by striking ``5 percent'' and 
        inserting ``15 percent''; and
            (2) in paragraph (2), by striking ``5 percent'' and 
        inserting ``15 percent''.

            Passed the House of Representatives January 25, 2023.

            Attest:

                                             CHERYL L. JOHNSON,

                                                                 Clerk.