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H.R. 116 116th Congress House

Investing in Main Street Act of 2019

Official title: To amend the Small Business Investment Act of 1958 to increase the amount that certain banks and savings associations may invest in small business investment c… Show full official titleShow less

Official title: To amend the Small Business Investment Act of 1958 to increase the amount that certain banks and savings associations may invest in small business investment companies, subject to the approval of the appropriate Federal banking agency, and for other purposes.

Introduced: January 3, 2019 Introduced by: Judy Chu Democratic · California See on congress.gov
Commerce Administrative law and regulatory proceduresBanking and financial institutions regulationBusiness investment and capitalSmall business
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 10 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
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
DateChamberWhat was voted onResultYes–No
Jan 14, 2019 House · vote #30 On Motion to Suspend the Rules and Pass Passed 403–2 See who voted →
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 Latest action January 15, 2019

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Plain-English summary Congressional Research Service

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,

 Related & companion bills 1
  • S 1994 Identical bill Investing in Main Street Act of 2019
 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Harder, Josh
California · Jan 14, 2019
 R
Norman, Ralph
South Carolina · Jan 3, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 116: Investing in Main Street Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-116/
MLA
"H.R. 116: Investing in Main Street Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-116/.
Bluebook (legal)
H.R. 116, 116th Cong. (2026), https://openamerica.io/bill/116-HR-116/.
Markdown link
[H.R. 116: Investing in Main Street Act of 2019](https://openamerica.io/bill/116-HR-116/)
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