Bill116th CongressFiled Jun 26, 2019Commerce
S. 1994
Investing in Main Street Act of 2019
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Jun 26, 2019)
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.
What just happenedJun 26, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Young, Todd [R-IN](R-IN)Sponsor
2 cosponsors1 D1 R
2cosponsors1committees2actions1related bills4subjects
- Introduced in SenateJun 26, 2019
- Jun 26, 2019IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jun 26, 2019IntroReferral10000
Introduced in Senate