Signed into law
Investing in All of America Act of 2025
This act 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.
- Measure
- H.R. 2066 · 119th Congress
- Latest action
- May 19, 2026
- Policy changes
- 3
- Source
- CRS summary (Public Law) · Congress.gov
Became Public Law No: 119-92.
Read it yourself · The summaries below are the Congressional Research Service’s. Under each one you can open the bill’s own wording, or read the full text (enrolled (sent to the President)).
What it would cost
Congressional Budget Office estimate
The Congressional Budget Office, Congress’s nonpartisan scorekeeper, hasn’t published a cost estimate for this bill yet.
Dollar amounts in the bill itself
The bill’s text doesn’t provide or authorize any money directly.
6 other dollar figures (thresholds, limits, tax amounts)
- $250 million Sec. 2(I) with respect to such a company that makes quarterly or semiannual interest payments $250,000,000; or
- $175 million Sec. 2(II) $175,000,000 with respect to any other company licensed under section 301(c).
- $350 million Sec. 2(2) in subparagraph (B), by striking “may not exceed $350,000,000.” and inserting the following “may not exceed—
- $475 million Sec. 2(i) with respect to such companies that are commonly controlled and that make quarterly or semiannual interest payments, $475,000,000; or
- $350 million Sec. 2(ii) $350,000,000 with respect to any other companies licensed under section 301(c) that are commonly controlled.
- $125 million Sec. 2(ii) Limitation While maintaining the limitation of subparagraph (A)(i) and consistent with a leverage determination ratio issued pursuant to section 301(c), the aggregate amount excluded for a company or companies under clause (i) from the calculation of the outstanding leverage such company or companies for the purposes of subparagraphs (A) and (B) may not exceed the lesser of 50 percent of the …
Read from the bill’s text by matching dollar amounts and the words around them; check the linked section before relying on a figure.
Who wrote it
Sponsor
Rep. Daniel Meuser (R-PA-9)Joined by 8 cosponsors, 1 of them from the day it was introduced. Introduced March 11, 2025.
All 8 cosponsors
- Rep. Hillary J. Scholten (D-MI-3) · original
- Rep. Tony Wied (R-WI-8)
- Rep. Sharice Davids (D-KS-3)
- Rep. Donald G. Davis (D-NC-1)
- Rep. Brian K. Fitzpatrick (R-PA-1)
- Rep. Kimberlyn King-Hinds (R-MP-AL)
- Rep. Nick LaLota (R-NY-1)
- Rep. Eugene Simon Vindman (D-VA-7)
How Congress voted
No recorded vote: this bill moved by voice vote or unanimous consent, so there is no record of how individual members voted.
Your delegation
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In their own words
What members have said about this bill, quoted exactly and linked to the source.
We haven’t found public statements from members about this bill yet.
What it changes — and your vote
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Provision 1
Specifically, the act reduces the maximum outstanding financing available to an SBIC from 300% to 200% of the SBIC's private capital.
The act 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.
›Read the bill’s wording · Sec. 2(closest match)
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Provision 2
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 act 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.
›Read the bill’s wording · Sec. 2(closest match)
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Provision 3
Additionally, the act 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.
›Read the bill’s wording · Sec. 2(closest match)
The summary doesn’t name a section, so these are the sections whose wording matches it most closely.
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