S. 2451 · 117th Congress
Investing in Main Street Act of 2021
- Stage
- In committee
- Sponsor
- Todd Young
- Introduced
- 2021-07-22
- Latest action
- 2021-07-22 · Introduced in Senate
Summary
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.