Library / Laws / 118th / hr / H.R. 400 / Engrossed in House
118th CONGRESS
1st Session
H. R. 400
AN ACT
To amend the Small Business Investment Act of 1958 to increase the amount that may be invested in small business investment companies.
1.
Short title
This Act may be cited as the Investing in Main Street Act of 2023.
2.
Investment in small business investment companies
Section 302(b) of the Small Business Investment Act of 1958 (15 U.S.C. 682(b)) is amended—
(1) in paragraph (1), by striking 5 percent and inserting 15 percent; and
(2) in paragraph (2), by striking 5 percent and inserting 15 percent.
Passed the House of Representatives January 25, 2023.Clerk.