This bill authorizes certain banking entities 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. The current limit is 5%.
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More on this bill
Where it stands
Introduced
Passed House
3Passed Senate
4To President
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Feb 25Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Latest
Feb 24Mr. Williams (TX) moved to suspend the rules and pass the bill.
Feb 24Considered under suspension of the rules. (consideration: CR H743-745)
Feb 24DEBATE - The House proceeded with forty minutes of debate on H.R. 754.
Feb 24Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H743)Passed House
Feb 24Motion to reconsider laid on the table Agreed to without objection.
Jan 28Introduced in House
Jan 28Referred to the House Committee on Small Business.Introduced