Us Congress 2023-2024 Regular Session

Us Congress House Bill HB400 Latest Draft

Bill / Engrossed Version Filed 01/27/2023

                            118THCONGRESS 
1
STSESSION H. R. 400 
AN ACT 
To amend the Small Business Investment Act of 1958 to 
increase the amount that may be invested in small busi-
ness investment companies. 
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2 2 
•HR 400 EH
SECTION 1. SHORT TITLE. 1
This Act may be cited as the ‘‘Investing in Main 2
Street Act of 2023’’. 3
SEC. 2. INVESTMENT IN SMALL BUSINESS INVESTMENT 4
COMPANIES. 5
Section 302(b) of the Small Business Investment Act 6
of 1958 (15 U.S.C. 682(b)) is amended— 7
(1) in paragraph (1), by striking ‘‘5 percent’’ 8
and inserting ‘‘15 percent’’; and 9
(2) in paragraph (2), by striking ‘‘5 percent’’ 10
and inserting ‘‘15 percent’’. 11
Passed the House of Representatives January 25, 
2023. 
Attest: 
Clerk.   118
TH
CONGRESS 
1
ST
S
ESSION
 
H. R. 400 
AN ACT 
To amend the Small Business Investment Act of 
1958 to increase the amount that may be in-
vested in small business investment companies.