H.R. 4256
Referred to CommitteeInvesting in Main Street Act of 2021
Introduced 6/30/2021•117th Congress•House
Latest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
11/3/2021 • Senate
Summary
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.
Passed House • 11/2/2021
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Topics & Subjects
Policy Area: Commerce
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalSmall business
CBO Cost Estimates (1)
Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
1
Democrats
1
Republicans
0
Independents
Sponsor
R[
Cosponsors (1)
R[
Bill Journey
Originated in the House
Introduced
June 30, 2021
Committee Review
July 29, 2021
Ordered to be Reported by Voice Vote.
Floor Debate
November 2, 2021
Passed Chamber
November 2, 2021
Other Chamber
President
Enacted into Law
Text Versions (4)
Referred in Senate11/3/2021
Engrossed in House11/2/2021
Reported in House10/12/2021
Introduced in House6/30/2021