To amend the Small Business Investment Act of 1958 to increase the amount that certain banks and savings associations may invest in small business investment companies, subject to the approval of the appropriate Federal banking agency, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor and status
116th Congress (2019–2021)
Passed House (Senate next) on Jan 14, 2019
This bill passed in the House on January 14, 2019 and goes to the Senate next for consideration.
Position statements
What legislators are saying
“Rep. Chu Ranked 9th Most Active Member of 116th Congress”
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Rep. Judy Chu [D-CA27]
(Sponsor)
on Aug 22, 2019
“House Passes Reps. Norman/Chu Small Business Bill”
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Rep. Ralph Norman [R-SC5]
(Co-sponsor)
on Jan 15, 2019
“House Passes Rep. Chu Bill To Promote Small Business Startup Growth”
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Rep. Judy Chu [D-CA27]
(Sponsor)
on Jan 15, 2019
History
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Jul 24, 2017
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Earlier Version —
Passed House (Senate next)
This activity took place on a related bill, H.R. 2364 (115th). |
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Jan 3, 2019
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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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Jan 14, 2019
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Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next. |
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If this bill has further action, the following steps may occur next: | |
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Passed Senate
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Signed by the President
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H.R. 116 is 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. 116. This is the one from the 116th Congress.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
“H.R. 116 — 116th Congress: Investing in Main Street Act of 2019.” www.GovTrack.us. 2019. September 29, 2020 <https://www.govtrack.us/congress/bills/116/hr116>
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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.
