A Democratic bill with 2 Republican cosponsors · See all 4 cosponsors
Last activity — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
In the other chamber's committee
Passed one chamber and has been handed to a committee in the other.
The committee decides whether it goes any further, and most bills that reach a committee never leave it. A committee that simply does nothing kills a bill without anyone ever voting against it, so no news from here is usually the news.
Its path through Congress
- Introduced
- Passed House voice vote
- In Senate committee
The House by voice vote (members called out yes or no together): no member's position on it was recorded.
What this bill would do
This bill is known as the Investing in Main Street Act of 2025. It changes the Small Business Investment Act of 1958. Specifically, the bill increases the amount of money that may be invested in small business investment companies. The limit is raised from 5 percent to 15 percent in two separate places within the law. The House of Representatives passed this bill on February 24, 2025. It was then sent to the Senate and referred to the Committee on Banking, Housing, and Urban Affairs.
Yes· 3 of 4
- Scored +7
Does this make it easier to run a small business?
The bill directly supports small businesses by significantly raising the permitted investment limits in small business investment companies.
- Scored +6
Would business owners be better off under this?
Business owners benefit from the increased availability of investment capital through small business investment companies.
- Scored +5
Is this likely to grow the economy?
Increasing the allowed investment amount in small business investment companies from 5 percent to 15 percent encourages greater economic activity and growth.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Section 2 amends paragraphs (1) and (2) of section 302(b) of the Small Business Investment Act of 1958 by increasing the allowed investment amount from 5 percent to 15 percent. This could be positive because it allows for more money to be invested in small business investment companies, which may help support small businesses.
Potential Negative Impacts for People
- Based on the provided text, there are no specific sections or provisions identified that outline negative consequences or burdens for individuals or groups of people.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Economy And Finance
- Does this make it easier to run a small business? — The bill directly supports small businesses by significantly raising the permitted investment limits in small business investment companies. Is this likely to grow the economy? — Increasing the allowed investment amount in small business investment companies from 5 percent to 15 percent encourages greater economic activity and growth. Is this likely to create jobs? — By increasing the investment limit in small business investment companies, the bill may help small businesses grow and create new jobs.
- Demographic And Interest Groups
- Would business owners be better off under this? — Business owners benefit from the increased availability of investment capital through small business investment companies.
- 2/25/2025
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2/24/2025
- Motion to reconsider laid on the table Agreed to without objection.
- Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
- On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
- DEBATE - The House proceeded with forty minutes of debate on H.R. 754.
- Considered under suspension of the rules. (consideration: CR H743-745)
- Mr. Williams (TX) moved to suspend the rules and pass the bill.
- 1 Cosponsor added.
- 1/28/2025
- Referred to the House Committee on Small Business.
- 3 Cosponsors added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Brad FinstadRepublican · Minnesota
Andrew GarbarinoRepublican · New York
Maggie GoodlanderDemocrat · New Hampshire
LaMonica McIverDemocrat · New Jersey