The record

LegislationLegislation· May 2026
HR 2066 Signed into law

Sponsored by Daniel Meuser (R)

Investing in All of America Act of 2025

Reduces Small Business Investment Company leverage limits and expands eligible investments.

Tradeoff

Allows more SBICs to invest in rural areas, technology, and small manufacturers without counting those investments against their debt limit. Restructures how SBA calculates SBIC leverage to encourage targeted investing.

What's in it

See official bill text

Passed the House by on December 1, 2025. Passed the Senate by on April 15, 2026. Signed into law May 19, 2026.

  1. House

    Introduced

    (Mar 11, 2025)

  2. House

    Committee on Small Business(Mar 11, 2025)

  3. House

    The Committee on Small Business voted to send it to the floor

    Reported 23 - 0(Jul 22, 2025)

    Committee report H. Rept. 119-227.

  4. House

    Passage of the bill

    Passed by (Dec 1, 2025)

    No individual votes were recorded.

  5. Senate

    Received from the House

    on Small Business and Entrepreneurship(Dec 2, 2025)

  6. Senate

    Passage of the bill

    Passed by (Apr 15, 2026)

    No individual votes were recorded.

  7. Senate

    Taken away from the Committee on Small Business and Entrepreneurship

    Discharged(Apr 15, 2026)

  8. House

    Sent to the President

    (May 12, 2026)

  9. White House · Signature

    Signed

    Donald Trump (R)

  10. Enacted

    Became law(May 19, 2026)