HR 116
116th Congress
House
Commerce
Administrative law and regulatory procedures
Banking and financial institutions regulation
Business investment and capital
Small business
Investing in Main Street Act of 2019
Everywhere this bill has been
11 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 15, 2019
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jan 14, 2019
Motion to reconsider laid on the table Agreed to without objection.
Jan 14, 2019
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 403 - 2 (Roll no. 30). (text: CR H522)
Jan 14, 2019
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 403 - 2 (Roll no. 30).(text: CR H522)
Jan 14, 2019
Considered as unfinished business. (consideration: CR H534)
Jan 14, 2019
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jan 14, 2019
DEBATE - The House proceeded with forty minutes of debate on H.R. 116.
Jan 14, 2019
Considered under suspension of the rules. (consideration: CR H522-524)
Jan 14, 2019
Ms. Velazquez moved to suspend the rules and pass the bill.
Jan 3, 2019
Referred to the House Committee on Small Business.
Jan 3, 2019
Introduced in House
Votes taken on this bill
1
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Jan 15, 2019 | House · vote #30 | On Motion to Suspend the Rules and Pass | Passed | 403–2 | See who voted → |
Plain-English summary
Investing in Main Street Act of 2019
This bill amends the Small Business Investment Act of 1958 to permit certain banking entities, subject to the approval of the appropriate federal banking agency, 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,
What's happening now
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committees of jurisdiction
2