Summary
Investing in All of America Act of 2025
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 increases from $350 million to $450 million the maximum financing available to two or more commonly controlled SBICs that make quarterly or semiannual interest payments.
The bill also expands the amounts that may be excluded from the calculation of the financing limit to include the amounts an SBIC invests in (1) rural areas, (2) certain technology categories, or (3) small manufacturers. 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.
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 by the trust or endowment of a college or university.
Related bills
Bill text versions
- IntroducedIntroduced in HousePDF
- IntroducedIntroduced in HouseXML
- IntroducedIntroduced in HouseHTML
- ReportedReported in HousePDF
- ReportedReported in HouseXML
- ReportedReported in HouseHTML
- EngrossedEngrossed in HousePDF
- EngrossedEngrossed in HouseHTML
- EngrossedEngrossed in HouseXML
- ReceivedReferred in SenatePDF
- ReceivedReferred in SenateXML
- ReceivedReferred in SenateHTML
- EnrolledEnrolled BillPDF
- EnrolledEnrolled BillXML
- EnrolledEnrolled BillHTML
Legislative Journey
- Introduced
- Committee
- Floor
- Passed Chamber 1
- Passed Chamber 2
- Signed
Became Public Law No: 119-92.
Became Public Law No: 119-92.
Signed by President.
Signed by President.
Presented to President.
HousePresented to President.
Message on Senate action sent to the House.
SenatePassed Senate without amendment by Unanimous Consent. (consideration: CR S1789-1790)
SenatePassed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
SenateSenate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
SenateMotion to reconsider laid on the table Agreed to without objection.
HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
HousePassed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
DEBATE - The House proceeded with forty minutes of debate on H.R. 2066.
HouseConsidered under suspension of the rules. (consideration: CR H4918-4919)
HouseMr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
HousePlaced on the Union Calendar, Calendar No. 185.
HouseReported (Amended) by the Committee on Small Business. H. Rept. 119-227.
HouseReported (Amended) by the Committee on Small Business. H. Rept. 119-227.
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 0.
HouseCommittee Consideration and Mark-up Session Held
HouseReferred to the House Committee on Small Business.
HouseIntroduced in House
Introduced in House