HR 4256 · 117th Congress · Commerce

Investing in Main Street Act of 2021

Introduced 2021-06-30· Sponsored by Rep. Chu, Judy [D-CA-27]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2021-11-03)

Recorded Votes

PassedHouse · 2021-11-02
Roll #349
Yea 413Nay 10
Democrats
218 Yea·0 Nay
Republicans
195 Yea·10 Nay
PassedHouse · 2021-11-02
Roll #349
Yea 413Nay 10
Democrats
218 Yea·0 Nay
Republicans
195 Yea·10 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 4256, Investing in Main Street Act of 2021

Feb 22, 2022

As passed by the House of Representatives on November 2, 2021

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (1)

1 Republican