S. 2451 · 117th Congress · Senate

Investing in Main Street Act of 2021

Active· Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Jul 22, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.