S. 2451
Referred to CommitteeInvesting in Main Street Act of 2021
Introduced 7/22/2021•117th Congress•Senate
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
7/22/2021 • 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.
Introduced in Senate • 7/22/2021
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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
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (3)
Party Breakdown
1
Democrats
2
Republicans
0
Independents
Sponsor
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Cosponsors (2)
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Bill Journey
Originated in the Senate
Introduced
July 22, 2021
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
Text Versions (1)
Introduced in Senate7/22/2021