{"format":1,"id":"117-hr-4256","congress":117,"number":"H.R. 4256","kind":"bill","group":"bills","title":"Investing in Main Street Act of 2021","title_source":"Short Title(s) as Passed House","official_title":"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.","titles":[{"type":"Official Title as Introduced","title":"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."},{"type":"Short Titles from RFS (Referred to Senate) bill text","title":"Investing in Main Street Act of 2021"},{"type":"Display Title","title":"Investing in Main Street Act of 2021"},{"type":"Short Title(s) as Passed House","title":"Investing in Main Street Act of 2021"},{"type":"Short Title(s) as Reported to House","title":"Investing in Main Street Act of 2021"},{"type":"Short Title(s) as Introduced","title":"Investing in Main Street Act of 2021"}],"outcome":"passed_house","law_number":null,"introduced":"2021-06-30","chambers":{"house":{"status":"roll_call","date":"2021-11-02","vote":{"id":"117-2021-h349","question":"On Motion to Suspend the Rules and Pass, as Amended","title":"Investing in Main Street Act of 2021","result":"Passed","yea":413,"nay":10,"present":0,"not_voting":8,"source":"https://clerk.house.gov/evs/2021/roll349.xml"}},"senate":{"status":"na","date":null,"vote":null}},"president":{"status":"na","date":null},"vice_president_tie_breaker":null,"latest_action":{"text":"Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.","date":"2021-11-03"},"nominees":null,"amendments":[],"other_votes":[],"crs_summary":{"date":"2021-11-02","stage":"Passed House","blocks":[{"k":"h","t":"Investing in Main Street Act of 2021"},{"k":"p","t":"This bill authorizes certain banking entities, subject to the approval of the appropriate federal banking agency, 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."}],"words":52},"summary":{"main_subject":{"text":"Amends the Small Business Investment Act of 1958 to add an alternative limit of 15 percent of capital and surplus, subject to approval of the appropriate Federal banking agency, on investments by certain banks and savings associations in small business investment companies.","cites":[{"label":"Sec. 2","href":"https://www.congress.gov/bill/117th-congress/house-bill/4256/text/eh#HB7D09D1D2C234C91821BCCA010193D8C"}]},"core_areas":["Bank and savings association investment limits for small business investment companies"],"what_it_does":[{"text":"Adds the words \"or, subject to the approval of the appropriate Federal banking agency, 15 percent of such capital and surplus\" to two investment limits in the Small Business Investment Act of 1958.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/117th-congress/house-bill/4256/text/eh#HB7D09D1D2C234C91821BCCA010193D8C"}},{"text":"Defines \"appropriate Federal banking agency\" for this part of the Small Business Investment Act of 1958 as having the meaning given in section 3 of the Federal Deposit Insurance Act.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/117th-congress/house-bill/4256/text/eh#HB7D09D1D2C234C91821BCCA010193D8C"}},{"text":"Sets the short title as the \"Investing in Main Street Act of 2021\".","cite":{"label":"Sec. 1","href":"https://www.congress.gov/bill/117th-congress/house-bill/4256/text/eh#H63D3ADF0976D4747814B9D2FA8BD1753"}},{"text":"Provides that the budgetary effects of the Act under the Statutory Pay-As-You-Go Act of 2010 are determined by the latest \"Budgetary Effects of PAYGO Legislation\" statement submitted by the Chairman of the House Budget Committee before the vote on passage.","cite":{"label":"Sec. 3","href":"https://www.congress.gov/bill/117th-congress/house-bill/4256/text/eh#HA0EE7FC3B4BF4E51B935DC45BC6B6CF0"}}],"unexpected":[],"version":{"type":"Engrossed in House","date":"2021-11-02","rule":"passed","href":"https://www.congress.gov/bill/117th-congress/house-bill/4256/text/eh"},"current":true,"model":"claude-sonnet-5-5","approved":"2026-10-15","approved_by":"checks"},"sources":{"congress_gov":"https://www.congress.gov/bill/117th-congress/house-bill/4256","text":"https://www.congress.gov/bill/117th-congress/house-bill/4256/text"},"card":{"image":"card/item/117-hr-4256.png","v":"fe4635360f17","alt":"Votes on Record. H.R. 4256, 117th Congress: Investing in Main Street Act of 2021. House: 413 Yea, 10 Nay. Outcome: Passed House, 2 Nov 2021."}}