Investing in Main Street Act of 2021
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2021
Committee Review
Floor Vote
President
Introduced Jul 22, 2021
Last action Jul 22, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jul 22, 2021
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Jul 22, 2021
Introduced
Introduced in Senate
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Todd Young
RRepublican
Co
James E. Risch
RRepublican
Co
Tammy Duckworth
DDemocratic
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