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HR 1833 115th Congress House

Investing in America's Small Businesses Act of 2017

Official title: To encourage initiatives for financial products and services that are appropriate and accessible for millions of American small businesses that do not have access to the financial mainstream.

Introduced: March 30, 2017 See on congress.gov
Finance and Financial Sector Business investment and capitalCredit and credit marketsHousing and community development fundingSmall business
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 30, 2017
Referred to the House Committee on Financial Services.
Mar 30, 2017
Sponsor introductory remarks on measure. (CR E418)
Mar 30, 2017
Introduced in House
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 Latest action March 30, 2017

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Investing in America's Small Businesses Act of 2017

This bill amends the Community Development Banking and Financial Institutions Act of 1994 to require the Community Development Financial Institutions Fund to make grants to community development financial institutions for: (1) the establishment of loan-loss reserve funds to defray the costs of small business lending, and (2) related technical assistance.

A community development financial institution must provide nonfederal matching funds equal to 50% of the amount of any grant received.

A grantee may not use grant funds to make direct loans to small businesses.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 13
All 13 Democratic 13
D
Costa, Jim
California · Jun 20, 2017
 D
Meeks, Gregory W.
New York · Apr 26, 2017
 D
Garamendi, John
California · Apr 5, 2017
 D
Lieu, Ted
California · Apr 4, 2017
 D
Raskin, Jamie
Maryland · Apr 4, 2017
 D
Adams, Alma S.
North Carolina · Mar 30, 2017
 D
Carson, André
Indiana · Mar 30, 2017
 D
Clarke, Yvette D.
New York · Mar 30, 2017
 D
Evans, Dwight
Pennsylvania · Mar 30, 2017
 D
Norton, Eleanor Holmes
District of Columbia · Mar 30, 2017
 D
Plaskett, Stacey E.
Virgin Islands · Mar 30, 2017
 D
Vargas, Juan
California · Mar 30, 2017
 D
Velázquez, Nydia M.
New York · Mar 30, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1833: Investing in America's Small Businesses Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-1833/
MLA
"H.R. 1833: Investing in America's Small Businesses Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-1833/.
Bluebook (legal)
H.R. 1833, 115th Cong. (2026), https://openamerica.io/bill/115-HR-1833/.
Markdown link
[H.R. 1833: Investing in America's Small Businesses Act of 2017](https://openamerica.io/bill/115-HR-1833/)
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