US HB116 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Engrossed on January 15 2019 - 50% progression, died in committee
Action: 2019-01-15 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Amends the Small Business Investment Act of 1958 to permit 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.

Tracking Information

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Title

Investing in Main Street Act of 2019

Sponsors


Roll Calls

2019-01-14 - House - On motion to suspend the rules and pass the bill RC# 30 (Y: 403 N: 2 NV: 28 Abs: 0) [PASS]

History

DateChamberAction
2019-01-15SenateReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
2019-01-14HouseMotion to reconsider laid on the table Agreed to without objection.
2019-01-14HouseOn motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 403 - 2 (Roll no. 30). (text: CR H522)
2019-01-14HouseConsidered as unfinished business. (consideration: CR H534)
2019-01-14HouseAt the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
2019-01-14HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 116.
2019-01-14HouseConsidered under suspension of the rules. (consideration: CR H522-524)
2019-01-14HouseMs. Velazquez moved to suspend the rules and pass the bill.
2019-01-03HouseReferred to the House Committee on Small Business.
2019-01-03HouseIntroduced in House

Same As/Similar To

SB1994 (Similar To) 2019-06-26 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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