S. 1994
Referred to CommitteeInvesting in Main Street Act of 2019
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
6/26/2019 • Senate
Summary
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.
Introduced in Senate • 6/26/2019
Topics & Subjects
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (3)
Party Breakdown
Sponsor
Cosponsors (2)
Bill Journey
Originated in the Senate
Introduced
June 26, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law