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S. 2223

U.S. Senate•In Senate Committee

Summary

S. 2223, the Investing in Main Street Act of 2025, was introduced in the Senate on Jul 9, 2025 by Sen. Todd Young (R) with 5 co-sponsors. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Jul 9, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

S. 2223 has 5 co-sponsors.

s2223/introduced-in-senate.txt
119 S2223 IS: Investing in Main Street Act of 2025
 U.S. Senate
 2025-07-09
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  1st Session  S. 2223  IN THE SENATE OF THE UNITED STATES   July 9, 2025   Mr. Young  (for himself,  Mr. Gallego ,  Mr. Risch , and  Ms. Duckworth ) introduced the following bill; which was read twice and referred to the  Committee on Banking, Housing, and Urban Affairs    A BILL
To amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.
1.
Short title
This Act may be cited as the   Investing in Main Street Act of 2025  .
2.
Investment in small business investment companies
Section 302(b) of the Small Business Investment Act of 1958 ( 15 U.S.C. 682(b) ) is amended—
(1)
in paragraph (1), by striking  5 percent  and inserting  15 percent ; and
(2)
in paragraph (2), by striking  5 percent  and inserting  15 percent .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-07-09
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in Senate Jul 9, 2025

s2223/introduced-in-senate.md

Shown Here:
Introduced in Senate (07/09/2025)

Investing in Main Street Act of 2025

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%.

Sponsors

Sen. Todd Young (R) sponsors S. 2223, and 5 members have co-sponsored it, 3 of them from the day it was introduced.

Committees

S. 2223 went before 1 committee: Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · Jul 9, 2025 · 465 Bills

Actions

S. 2223 has taken 2 actions since Jul 9, 2025.

ChamberAction
Jul 9, 2025
Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Jul 9, 2025
—
Introduced in Senate

Votes

S. 2223 has not gone to a roll call.

1 bill is related to S. 2223, as Identical bill.

Titles

S. 2223 goes by 3 titles, 1 of them short titles.

  • Investing in Main Street Act of 2025 — Display Title
  • Investing in Main Street Act of 2025 — Short Title(s) as Introduced
  • A bill to amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies. — Official Title as Introduced

Classification

The Congressional Research Service files S. 2223 under Commerce, one of its 31 policy areas, and gives it 4 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 2223’s is Commerce.

s2223/policy-areas.txt
CommerceAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

S. 2223 carries 4 of CRS’s legislative subjects, from Bank accounts, deposits, capital to Small business.

s2223/subjects.txt
Bank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalSmall business

Source: congress.gov · legiscan.com