Politiparty
Politiparty

119th Congress Commerce

H.R. 754: Investing in Main Street Act of 2025

Passed HouseFeb 24, 2025

  1. Passed House (completed)Feb 24, 2025
  2. Passed Senate (not reached)
  3. To the President (not reached)
  4. Became law (not reached)

Summary

Introduced in House, Jan 28, 2025

This bill authorizes certain banking entities 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. The current limit is 5%.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

4

Bipartisan support.

Who scored on this bill

52 points earned
  1. 1Judy Chu D-CA SponsorDrew cross-party cosponsors, introduced, passed House3 events+36
  2. 2Brad Finstad R-MNCosponsored; cosponsored bill passed2 events+4
  3. 2Andrew Garbarino R-NYCosponsored; cosponsored bill passed2 events+4
  4. 2Maggie Goodlander D-NHCosponsored; cosponsored bill passed2 events+4
  5. 2LaMonica McIver D-NJCosponsored; 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 Judy Chu

History

  1. Feb 24, 2025Passed the House by voice vote.
  2. Jan 28, 2025Introduced in the House by Judy Chu.
Show the full action history (9 actions)
  1. Feb 25, 2025Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Feb 24, 2025Mr. Williams (TX) moved to suspend the rules and pass the bill.
  3. Feb 24, 2025Considered under suspension of the rules. (consideration: CR H743-745)
  4. Feb 24, 2025DEBATE - The House proceeded with forty minutes of debate on H.R. 754.
  5. Feb 24, 2025Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
  6. Feb 24, 2025On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)
  7. Feb 24, 2025Motion to reconsider laid on the table Agreed to without objection.
  8. Jan 28, 2025Introduced in House
  9. Jan 28, 2025Referred to the House Committee on Small Business.