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Investing in Main Street Act of 2019

Introduced: June 26, 2019 Introduced by: Young, Todd Republican · Indiana See on congress.gov
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 26, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 26, 2019
Introduced in Senate
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 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.

What's happening now June 26, 2019

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 1
  • HR 116 Identical bill Investing in Main Street Act of 2019
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Duckworth, Tammy
Illinois · Jun 26, 2019
 R
Risch, James E.
Idaho · Jun 26, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1994: Investing in Main Street Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-1994/
MLA
"S. 1994: Investing in Main Street Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-1994/.
Bluebook (legal)
S. 1994, 116th Cong. (2026), https://openamerica.io/bill/116-S-1994/.
Markdown link
[S. 1994: Investing in Main Street Act of 2019](https://openamerica.io/bill/116-S-1994/)
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