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116th Congress > House > Vote 29
Clerk session vote number: 30
Sponsor: CHU, Judy (D-CA)
Description: Investing in Main Street Act
Bill 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.
Bill titles: To amend the Small Business Investment Act of 1958 to increase the amount that certain banks and savings associations may invest in small business investment companies, subject to the approval of the appropriate Federal banking agency, and for other purposes.
Links for more info on the vote: congress.gov