Browse billsOfficial source 
HR 400
Investing in Main Street Act of 2023
In Second Chamber
Jurisdiction
US Congress
Session
118th Congress (2023-2024)
Last updated at
Jun 13, 2026, 10:21 PM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
Investing in Main Street Act of 2023 This bill authorizes certain banking entities 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. The current limit is 5%.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Judy Chu
HouseCADemocratDistrict 28
Cosponsors
Andrew R. Garbarino
HouseNYRepublicanDistrict 2
John James
HouseMIRepublicanDistrict 10
Shri Thanedar
HouseMIDemocratDistrict 13
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