Investing in Main Street Act of 2021
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.
Bill status
passed
3 of 5 stages cleared
Introduction
Jun 2021
Committee Review
Nov 2021
House Passage
Nov 2021
Senate Passage
President
Introduced Jun 30, 2021
Last action Nov 3, 2021
Floor votes · House Nov 2, 2021
How they voted
413–10
Passed · 8 other
Total votes 431
Nov 2, 2021
D
Democratic219
99% Yea
R
Republican212
91% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
3
Committee
4
Amendments
2
Nov 3, 2021
Committee
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Nov 2, 2021
Introduced
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 413 - 10 (Roll no. 349). (text: CR H6087)
lower
Nov 2, 2021
Lower · Passed
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 413 - 10 (Roll no. 349).(text: CR H6087)
lower
Nov 2, 2021
Introduced
Ms. Velazquez moved to suspend the rules and pass the bill, as amended.
lower
Oct 12, 2021
Lower · Passed
Reported by the Committee on Small Business. H. Rept. 117-140.
lower
Jul 29, 2021
Lower · Passed
Committee Consideration and Mark-up Session Held.
lower
Jun 30, 2021
Committee
Referred to the House Committee on Small Business.
lower
Jun 30, 2021
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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