Bill eases borrowing caps for small business investment funds
Signed into lawH.R. 2066Latest action
Sponsor: Daniel Meuser · Representative · PA
AIDecoded by AI · checked against the recordRead the official text
Official title: Investing in All of America Act of 2025
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
The plain-language version comes first. The official text is always the reference.
HR 2066 lets SBIC funds exclude more investments in rural, low-income, tech, and manufacturing businesses from borrowing caps.
45-second read · 5 questions answered below
What does this do?
This bill adjusts federal borrowing limits for Small Business Investment Companies (SBICs) and expands an exception letting them exclude certain investments from counting against those limits. It also raises overall dollar caps for funds making regular interest payments and adds university endowments and foundations to the approved list of funding sources.
Who does it affect?
The bill affects small business investment funds and the managers who run SBIC licenses, as well as small business owners in rural, low-income, tech, and manufacturing sectors seeking capital.
Why does it matter?
The changes make it easier for SBICs to invest more heavily in specific sectors without hitting federal borrowing caps as quickly, indirectly increasing government financial exposure since SBIC leverage is government-backed.
What does it cost, and who pays?
Taxpayers are affected only indirectly, since SBIC borrowing is backed by the federal government, creating some level of government financial exposure.
AI-drafted summary. Check it against the official text before you act on it.
Read the official bill on Congress.govNo call to make
This is law.
Where does it stand?
- IntroducedMar 11, 2025
- House committee
- House vote
- Senate
- The president's desk
Right now: the president signed it. It's law.Now law
Latest action: — Became Public Law No: 119-92.