Investing in Main Street Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 3730 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 3730 To amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 1, 2024 Mr. Young (for himself, Ms. Duckworth, and Mr. Risch) 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Investing in Main Street Act of 2024''. SEC. 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 strik…