Investing in All of America Act of 2025

S 3341, the Investing in All of America Act of 2025, modifies rules for Small Business Investment Companies (SBICs) to adjust their debt limits and expand eligible investments. It lowers the maximum leverage ratio for certain SBICs from $300 million to $200 million and sets a new $125 million cap on excluded investments for companies funding businesses in rural areas, critical technology sectors, or small manufacturers. The bill specifically affects SBICs licensed under the Small Business Investment Act of 1958 and the businesses they finance in targeted geographic or industry areas. Key changes include revised financial thresholds and updated definitions for "rural" and "critical technology" to qualify for debt exclusions. These provisions directly alter how SBICs calculate allowable debt when supporting small businesses.