Open Eye

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117th Congress · House

Investing in Main Street Act of 2021

Subjects: Administrative law and regulatory procedures · Bank accounts, deposits, capital · Banking and financial institutions regulation · Business investment and capital · Small business · Commerce

In plain language

  • House bill in the 117th Congress.
  • Authorizes certain banking entities, subject to the approval of the appropriate federal banking agency.
  • House passed it on Nov 2, 2021 (substantive).
Official summary (Congressional Research Service)

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.

View this measure on congress.gov

Roll-call votes on this measure