118th Congress (2023-2024)

HR 5333

Investing in All of America Act of 2023

In Second Chamber

Jurisdiction

US Congress

Session

118th Congress (2023-2024)

Official source

Chamber

House

Session

118th Congress (2023-2024)

Jurisdiction

US Congress

Bill overview

This bill, the Investing in All of America Act of 2023, modifies the rules for Small Business Investment Companies (SBICs) to encourage investment in specific areas. It allows SBICs to exclude up to 50% of their private capital investments in smaller businesses located in low-income or rural areas, and in businesses focused on critical technology, from being counted against their financing limits. The bill also includes an inflation adjustment to these limits and requires the SBA to report annually on the economic impact of these exclusions.

Positions across the country

No public positions recorded for this legislation.

Arguments in favor

Reasons to support this legislation.

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Arguments opposed

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Legislative history

2023-09-01House

Referred to the House Committee on Small Business.

2023-09-01

Introduced in House

2023-09-01

Introduced in House

2024-04-17House

Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 23 - 0.

Passage without roll call

The official record shows passage by unanimous consent or voice vote where no roll call was taken. No member-level tally is available for these steps, and the district map does not apply.

4/29/2024HouseVoice vote
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2640)
No roll-call vote on record for this action.
4/29/2024Voice vote
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2640)
No roll-call vote on record for this action.

Floor votes and chamber actions

Recorded roll calls list how each member voted. Unanimous consent or voice vote appears in the official action history without a roll call; no member-level tally is available for those steps.

Passage without roll call

4/29/2024HouseVoice vote
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2640)
No roll-call vote on record for this action.
4/29/2024Voice vote
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2640)
No roll-call vote on record for this action.

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HR 5333

Bill overview

Sponsors

Primary sponsor

Cosponsors

Positions across the country

Arguments in favor

Arguments opposed

Passage without roll call

Floor votes and chamber actions

Passage without roll call

Bill text

Positions across the country

Passage without roll call

Floor votes and chamber actions

Passage without roll call