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Investing in Main Street Act of 2025
To amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.
Summary
- Amends the Small Business Investment Act of 1958 to increase the percentage of funds that may be invested in small business investment companies.
- Increases the investment limit from 5 percent to 15 percent in paragraph (1) of section 302(b).
- Increases the investment limit from 5 percent to 15 percent in paragraph (2) of section 302(b).
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Young, Todd [R-IN] (R-IN)
5 cosponsors
- Sen. Duckworth, Tammy [D-IL] (D-IL)
- Sen. Gallego, Ruben [D-AZ] (D-AZ)
- Sen. Hickenlooper, John W. [D-CO] (D-CO)
- Sen. Moreno, Bernie [R-OH] (R-OH)
- Sen. Risch, James E. [R-ID] (R-ID)
Actions (2)
- Jul 9, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
- Jul 9, 2025 Introduced in Senate
More bills on these subjects (8)
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Similar bills (6)
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Text versions (1)
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Full text
IN THE SENATE OF THE UNITED STATES
July 9, 2025
Mr. Young (for himself, Mr. Gallego, Mr. Risch, and Ms. Duckworth) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
A BILL
To amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Investing in Main Street Act of 2025”.
SEC. 2. INVESTMENT IN SMALL BUSINESS INVESTMENT COMPANIES.
Section 302(b) of the Small Business Investment Act of 1958 (15 U.S.C. 682(b)) is amended—
(1) in paragraph (1), by striking “5 percent” and inserting “15 percent”; and
(2) in paragraph (2), by striking “5 percent” and inserting “15 percent”. <all>
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