House vote: H.R. 400 // January 25, 2023Needed two-thirds to pass
Investing in Main Street Act of 2023
Sponsor: Judy Chu (D-CA)
This bill authorizes certain banking entities 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. The current limit is 5%.
Commerce Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 2.5% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 411 | 94.4% |
| Nay | Lost | 13 | 3.0% |
| Not represented on this question | No position taken | 0 | 2.5% |