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Law · HR

H.R. 2066 (119th)

Investing in All of America Act of 2025

Original

enactedUnited States· United States Congress· EN

Introduced

11 March 2025

Last action

19 May 2026 · Became law

Status

Became Public Law No: 119-92.

Sponsors

Rep. Meuser, Daniel [R-PA-9], Hillary Scholten, Rep. Wied, Tony [R-WI-8], Rep. Fitzpatrick, Brian K. [R-PA-1], Del. King-Hinds, Kimberlyn [R-MP-At Large], Sharice Davids, Donald Davis, Rep. LaLota, Nick [R-NY-1], Rep. Vindman, Eugene Simon [D-VA-7]

Subjects

Commerce

Source updated

18 July 2026

Commerce

Official sourceDownload fileView documentsShare

Summary

Investing in All of America Act of 2025 This bill modifies the limit on the amount of financing available to a Small Business Investment Company (SBIC) from the Small Business Administration (SBA). It also expands the definition of private capital with respect to SBICs. Specifically, the bill reduces the maximum outstanding financing available to an SBIC from 300% to 200% of the SBIC's private capital. The bill increases from $350 million to $475 million the maximum financing available to two or more commonly controlled SBICs that make quarterly or semiannual interest payments. The bill also expands the amounts that may be excluded from the calculation of the financing limit to include the amounts an SBIC invests in (1) rural areas, (2) certain technology categories, or (3) small manufacturers. The bill revises the cap on such excluded amounts to the lesser of $125 million or the aggregate of 50% of the private capital of the SBIC. Additionally, the bill expands what is considered the private capital of an SBIC to include funds obtained from the business revenue of additional government-sponsored corporations and funds invested by the trust or endowment of a college or university.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 11 March 2025

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  2. 11 March 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 March 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 22 July 2025

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 0.

    Source: Committee

  5. 22 July 2025

    Committee

    Committee Consideration and Mark-up Session Held

    Source: Committee

  6. 15 August 2025

    Calendars

    Placed on the Union Calendar, Calendar No. 185.

    Source: Calendars

  7. 15 August 2025

    Reported

    Reported (Amended) by the Committee on Small Business. H. Rept. 119-227.

    Source: Committee

  8. 15 August 2025

    Reported

    Reported (Amended) by the Committee on Small Business. H. Rept. 119-227.

    Source: Committee

  9. 1 December 2025

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  10. 1 December 2025

    Passed

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)

    Source: Floor

  11. 1 December 2025

    Passed

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)

    Source: Floor

  12. 1 December 2025

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2066.

    Source: Floor

  13. 1 December 2025

    Floor

    Considered under suspension of the rules. (consideration: CR H4918-4919)

    Source: Floor

  14. 1 December 2025

    Floor

    Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  15. 2 December 2025

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Source: IntroReferral

  16. 15 April 2026

    Passed

    Passed Senate without amendment by Unanimous Consent. (consideration: CR S1789-1790)

    Source: Floor

  17. 15 April 2026

    Passed

    Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.

    Source: Floor

  18. 15 April 2026

    Discharge

    Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.

    Source: Discharge

  19. 15 April 2026

    Committee

    Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.

    Source: Committee

  20. 16 April 2026

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  21. 12 May 2026

    President

    Presented to President.

    Source: President

  22. 12 May 2026

    Floor

    Presented to President.

    Source: Floor

  23. 19 May 2026

    Became law

    Became Public Law No: 119-92.

    Source: President

  24. 19 May 2026

    President

    Signed by President.

    Source: President

  25. 19 May 2026

    Became law

    Signed by President.

    Source: BecameLaw

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

8 official files

Sponsors

Related records

Sources

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