Pipeline · Bill → Law
Step 1
Introduced
Jan 28, 2025
Step 2
Referred
Jan 28, 2025
Small Business · Banking, Housing, and Urban Affairs
Step 3
Committee
Step 4
House floor
Step 5
Senate
Feb 25, 2025
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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%.
AmendmentAI
Timeline · 8 actions
Feb 25, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 24, 2025
Mr. Williams (TX) moved to suspend the rules and pass the bill.
Feb 24, 2025
Considered under suspension of the rules.
Feb 24, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 754.
Feb 24, 2025
On motion to suspend the rules and pass the bill Agreed to by voice vote.
Feb 24, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jan 28, 2025
Introduced in House
Jan 28, 2025
Referred to the House Committee on Small Business.