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S. 2451 117th Congress Senate

Investing in Main Street Act of 2021

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

Official title: A bill 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: July 22, 2021 Introduced by: Todd Young Republican · Indiana See on congress.gov
Commerce Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalSmall business
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Jul 22, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 22, 2021
Introduced in Senate
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 Latest action July 22, 2021

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

 Plain-English summary Congressional Research Service

Investing in Main Street Act of 2021

This bill authorizes 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
  • HR 4256 Identical bill Investing in Main Street Act of 2021
 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 · Jul 22, 2021
 R
Risch, James E.
Idaho · Jul 22, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2451: Investing in Main Street Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-2451/
MLA
"S. 2451: Investing in Main Street Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2451/.
Bluebook (legal)
S. 2451, 117th Cong. (2026), https://openamerica.io/bill/117-S-2451/.
Markdown link
[S. 2451: Investing in Main Street Act of 2021](https://openamerica.io/bill/117-S-2451/)
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