Sponsored by Daniel Meuser (R)
Investing in All of America Act of 2023
Would have lowered federal loan limits for small business investment funds.
Tradeoff
Would have cut the federal loan cap for small business investment companies (SBICs) from 300% to 200% of private capital. Would have let rural and critical-technology investments count against the cap less, up to $125 million.
What's in it
Passed the House by on April 29, 2024. The Senate never voted on it before the Congress ended.
House
Introduced
(Sep 1, 2023)
House
Committee on Small Business(Sep 1, 2023)
House
The Committee on Small Business voted to send it to the floor
Reported 23 - 0(Apr 17, 2024)
Committee report H. Rept. 118-469.
House
Passage of the bill
Passed by (Apr 29, 2024)
No individual votes were recorded.
Senate
Received from the House
on Small Business and Entrepreneurship(Apr 30, 2024)
- Hillary J. Scholten (D-MI)
- Donald G. Davis (D-NC)
- Mark Alford (R-MO)
- Young Kim (R-CA)
- Zachary Nunn (R-IA)
- Blaine Luetkemeyer (R-MO)
- Sharice Davids (D-KS)
- Josh Gottheimer (D-NJ)
- Andy Barr (R-KY)
- Greg Landsman (D-OH)
- Andrew R. Garbarino (R-NY)
- Erin Houchin (R-IN)
- Byron Donalds (R-FL)
- Nick LaLota (R-NY)
- Brian K. Fitzpatrick (R-PA)