119th Congress Commerce
H.R. 2066: Investing in All of America Act of 2025
Became Law
- Introduced (completed)
- Passed House (completed)
- Passed Senate (completed)
- To the President (completed)
- Became law (completed)
Summary
This act modifies the limit on the amount of financing available to a Small Business Investment Company (SBIC) from the Small Business Administration (SBA). It also expands the definition of private capital with respect to SBICs.
Specifically, the act reduces the maximum outstanding financing available to an SBIC from 300% to 200% of the SBIC's private capital. The act increases from $350 million to $475 million the maximum financing available to two or more commonly controlled SBICs that make quarterly or semiannual interest payments.
The act also expands the amounts that may be excluded from the calculation of the financing limit to include the amounts an SBIC invests in (1) rural areas, (2) certain technology categories, or (3) small manufacturers. The act revises the cap on such excluded amounts to the lesser of $125 million or the aggregate of 50% of the private capital of the SBIC.
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Additionally, the act expands what is considered the private capital of an SBIC to include funds obtained from the business revenue of additional government-sponsored corporations and funds invested by the trust or endowment of a college or university.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Hillary Scholten D-MIOriginal
- Tony Wied R-WI
- Donald Davis D-NC
- Sharice Davids D-KS
- Brian Fitzpatrick R-PA
- Kimberlyn King-Hinds R-MP
- Nicolas LaLota R-NY
- Eugene Vindman D-VA
Who scored on this bill
- 1Daniel Meuser SponsorDrew cross-party cosponsors, introduced, marked up, reported, passed House, discharged, passed Senate, became law8 events+192
- 2Sharice DavidsCosponsored; cosponsored bill passed2 events+4
- 2Donald DavisCosponsored; cosponsored bill passed2 events+4
- 2Brian FitzpatrickCosponsored; cosponsored bill passed2 events+4
- 2Kimberlyn King-HindsCosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Daniel Meuser
History
- Signed by the President. Became Public Law 119-92.
- Presented to the President.
- Passed the Senate by unanimous consent.
- Passed the House by voice vote.
- Introduced in the House by Daniel Meuser.
Show the full action history (20 actions)
- Signed by President.
- Became Public Law No: 119-92.
- Presented to President.
- Message on Senate action sent to the House.
- Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
- Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
- Passed Senate without amendment by Unanimous Consent. (consideration: CR S1789-1790)
- Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
- Considered under suspension of the rules. (consideration: CR H4918-4919)
- DEBATE - The House proceeded with forty minutes of debate on H.R. 2066.
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
- On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
- Motion to reconsider laid on the table Agreed to without objection.
- Reported (Amended) by the Committee on Small Business. H. Rept. 119-227.
- Placed on the Union Calendar, Calendar No. 185.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 0.
- Introduced in House
- Referred to the House Committee on Small Business.