Investing in Main Street Act of 2025

Hozzl · 2025-03-01T04:23:21Z

Explore the details of House Bill 754 Investing in Main Street Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

3/1/2025, 4:23 AM

Summary of Bill HR 754

Bill 119 HR 754, also known as the "Small Business Investment Act of 1958 Amendment," aims to make changes to the Small Business Investment Act of 1958. The main goal of this bill is to increase the maximum amount that can be invested in small business investment companies (SBICs).

Currently, the Small Business Investment Act of 1958 limits the amount that can be invested in SBICs. This bill seeks to raise that limit, allowing for more investment in these small businesses. This increase in investment could potentially help small businesses grow and thrive, creating more jobs and stimulating economic growth.

By amending the Small Business Investment Act of 1958, this bill aims to provide more opportunities for small businesses to access the capital they need to succeed. This could have a positive impact on the overall economy and help support the growth of small businesses across the country. Overall, Bill 119 HR 754 is focused on increasing investment in small businesses through SBICs, with the goal of promoting economic growth and job creation.

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Current Status of Bill HR 754

Bill HR 754 is currently in the status of Introduced to Senate since February 25, 2025. Bill HR 754 was introduced during Congress 119 and was introduced to the House on January 28, 2025. Bill HR 754's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 25, 2025