About the bill
H.R. 2364 increases the amount of capital and surplus that a financial institution and federal savings association can invest in a Small Business Investment Company (SBIC) from 5 percent to 15 percent in order to assist small businesses in obtaining venture capital and private equity.
Sponsor and status
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on July 24, 2017 but was never passed by the Senate.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
2 Cosponsors (1 Democrat, 1 Republican)
Position statements
What legislators are saying
“Small Business Committee Approves Rep. Chu Bill to Increase Small Business Investment”
—
Rep. Judy Chu [D-CA28]
(Sponsor)
on Jun 15, 2017
“Cramer supports capital-raising bills in the house”
—
Sen. Kevin Cramer [R-ND]
on Jul 18, 2018
“Bipartisan Leadership: House Passes 3 Huizenga Bills in Bipartisan JOBS and Investor Confidence Act”
—
Rep. Bill Huizenga [R-MI4]
on Jul 17, 2018
History
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May 4, 2017
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Introduced
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber. |
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Jun 15, 2017
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Ordered Reported
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee. |
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Jul 12, 2017
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Reported by House Committee on Small Business
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions. |
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Jul 24, 2017
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Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next. The vote was by voice vote so no record of individual votes was made. |
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Jan 14, 2019
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Reintroduced Bill —
Passed House (Senate next)
This activity took place on a related bill, H.R. 116 (116th). |
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Nov 2, 2021
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Reintroduced Bill —
Passed House (Senate next)
This activity took place on a related bill, H.R. 4256 (117th). |
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Jan 25, 2023
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Reintroduced Bill —
Passed House (Senate next)
This activity took place on a related bill, H.R. 400. |
H.R. 2364 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 2364. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
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“H.R. 2364 — 115th Congress: Investing in Main Street Act of 2017.” www.GovTrack.us. 2017. March 30, 2023 <https://www.govtrack.us/congress/bills/115/hr2364>
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Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.
