Bill117th CongressFiled Jul 22, 2021Commerce
S. 2451
Investing in Main Street Act of 2021
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 22, 2021)
Investing in Main Street Act of 2021
This bill authorizes 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 happenedJul 22, 2021
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 bills5subjects
- Introduced in SenateJul 22, 2021
- Jul 22, 2021IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jul 22, 2021IntroReferral10000
Introduced in Senate