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- H.R.116
H.R.116: Investing in Main Street Act of 2019
About This Bill
- Introduced Jan. 3, 2019
- Latest Major Action Jan. 15, 2019
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Republican)
Bill Versions
- Referred in Senate - Jan. 15, 2019
- Engrossed in House - Jan. 14, 2019
- Introduced in House - Jan. 3, 2019
Bill Summary
Investing in Main Street Act of 2019 This bill 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.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Jan. 15, 2019 |
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| Jan. 14, 2019 |
On 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)
|
| Jan. 14, 2019 |
Considered as unfinished business. (consideration: CR H534)
|
| Jan. 14, 2019 |
Considered under suspension of the rules. (consideration: CR H522-524)
|
| Jan. 14, 2019 |
Motion to reconsider laid on the table Agreed to without objection.
|
| Jan. 14, 2019 |
Vote in the HouseOn motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 403 - 2 (Roll no. 30). |
| Jan. 14, 2019 |
Considered as unfinished business.
|
| Jan. 14, 2019 |
At 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.
|
| Jan. 14, 2019 |
DEBATE - The House proceeded with forty minutes of debate on H.R. 116.
|
| Jan. 14, 2019 |
Considered under suspension of the rules.
|
| Jan. 14, 2019 |
Ms. Velazquez moved to suspend the rules and pass the bill.
|
| Jan. 3, 2019 |
Referred to the House Committee on Small Business.
|
| Jan. 3, 2019 |
Introduced in the House by Judy Chu (D-Calif.) |