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HR 5333 118th Congress House Commerce Business investment and capital Congressional oversight Inflation and prices Rural conditions and development Small business

Investing in All of America Act of 2023

Introduced: January 31, 2024 Introduced by: Meuser, Daniel Republican · Pennsylvania See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 30, 2024
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Apr 29, 2024
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2640)
Apr 29, 2024
Motion to reconsider laid on the table Agreed to without objection.
Apr 29, 2024
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2640)
Apr 29, 2024
DEBATE - The House proceeded with forty minutes of debate on H.R. 5333.
Apr 29, 2024
Considered under suspension of the rules. (consideration: CR H2639-2642)
Apr 29, 2024
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Apr 26, 2024
Placed on the Union Calendar, Calendar No. 388.
Apr 26, 2024
Reported (Amended) by the Committee on Small Business. H. Rept. 118-469.
Apr 17, 2024
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 23 - 0.
Apr 17, 2024
Committee Consideration and Mark-up Session Held
Sep 1, 2023
Referred to the House Committee on Small Business.
Sep 1, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Investing in All of America Act of 2023

This bill modifies the limit on the amount of financing available to a Small Business Investment Company (SBIC) from the Small Business Administration (SBA). It also expands the definition of private capital with respect to SBICs.

Specifically, the bill reduces the maximum outstanding financing available to an SBIC from 300% to 200% of the SBIC's private capital. The bill also includes in the amounts that may be excluded from the calculation of the financing limit the amounts an SBIC invests in small businesses in rural areas or areas of critical technology. The bill revises the cap on such excluded amounts to the lesser of $125 million or the aggregate of 50% of the private capital of the SBIC. The bill indexes the limit to inflation.

Additionally, the bill expands what is considered the private capital of an SBIC to include funds obtained from the business revenue of additional government-sponsored corporations and funds invested in the trust or endowment of a college or university.

The SBA must report annually on the economic activity and jobs directly and indirectly resulting from the exclusion.

What's happening now April 30, 2024

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

 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 15
All 15 Democratic 5 Republican 9
R
Fitzpatrick, Brian K.
Pennsylvania · Apr 20, 2024
 R
LaLota, Nick
New York · Apr 9, 2024
 R
Donalds, Byron
Florida · Jan 31, 2024
 R
Houchin, Erin
Indiana · Jan 31, 2024
 R
Garbarino, Andrew R.
New York · Jan 11, 2024
 D
Landsman, Greg
Ohio · Jan 5, 2024
 R
Barr, Andy
Kentucky · Jan 3, 2024
 D
Gottheimer, Josh
New Jersey · Jan 3, 2024
 D
Davids, Sharice
Kansas · Dec 12, 2023
Luetkemeyer, Blaine
· Dec 12, 2023
 R
Nunn, Zachary
Iowa · Dec 12, 2023
 R
Kim, Young
California · Dec 7, 2023
 R
Alford, Mark
Missouri · Nov 30, 2023
 D
Davis, Donald G.
North Carolina · Sep 21, 2023
 D
Scholten, Hillary J.
Michigan · Sep 1, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5333: Investing in All of America Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-5333/
MLA
"H.R. 5333: Investing in All of America Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-5333/.
Bluebook (legal)
H.R. 5333, 118th Cong. (2026), https://openamerica.io/bill/118-HR-5333/.
Markdown link
[H.R. 5333: Investing in All of America Act of 2023](https://openamerica.io/bill/118-HR-5333/)
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