House Bill 2364
115th Congress(2017-2018)
Investing in Main Street Act of 2017
Active
Passed House on Jul 24, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2364
Congress
115
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
checkPassed on July 24, 2017
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6181-6182)
Summary
Investing in Main Street Act of 2017
This bill amends the Small Business Investment Act of 1958 to increase from 5% to 15% of its capital and surplus, the amount a national bank, a member bank of the Federal Reserve System, a nonmember insured bank (to the extent permitted under applicable state law), or a federal savings association may invest in one or more small business investment companies (SBICs), or in any entity established to invest solely in SBICs. The increase is subject to the approval of the appropriate federal banking agency.
July 25, 2017
July 24, 2017
July 12, 2017
May 4, 2017
07/25/2017
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
07/24/2017
Motion to reconsider laid on the table Agreed to without objection.
07/24/2017
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6181-6182)
07/24/2017
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6181-6182)
07/24/2017
DEBATE - The House proceeded with forty minutes of debate on H.R. 2364.
07/24/2017
Considered under suspension of the rules. (consideration: CR H6181-6183)
07/24/2017
Mr. Chabot moved to suspend the rules and pass the bill.
07/12/2017
Placed on the Union Calendar, Calendar No. 152.
07/12/2017
Reported by the Committee on Small Business. H. Rept. 115-216.
06/15/2017
Ordered to be Reported.
06/15/2017
Committee Consideration and Mark-up Session Held.
05/04/2017
Referred to the House Committee on Small Business.
05/04/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:36:49 PM