HR5333-118

Reported

To amend the Small Business Investment Act of 1958 to exclude from the limit on leverage certain amounts invested in smaller enterprises located in rural or low-income areas and small businesses in critical technology areas, and for other purposes.

118th Congress Introduced Sep 1, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Small Business Investment Act of 1958 to exclude from the limit on leverage certain amounts invested in smaller enterprises located in rural or low-income areas and small businesses in critical technology areas, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Education, Government Operations.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H4BE395B5DCBD44658A1225F10CF70147: 1. Short title This Act may be cited as the Investing in All of America Act of 2023.
  • Section H2C4391581D10475481C33F18D9908765: 2. SBIC maximum leverage exclusion Section 103(9) of the Small Business Investment Act of 1958 (15 U.S.C. 662(9)) is amended— in subparagraph (A)(ii), by...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Small Business Investment Act of 1958 to exclude from the limit on leverage certain amounts invested in smaller enterprises located in rural or low-income areas and small businesses in critical technology areas, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Education, Government Operations

Primary Purpose

This bill, To amend the Small Business Investment Act of 1958 to exclude from the limit on leverage certain amounts invested in smaller enterprises located in rural or low-income areas and small businesses in critical technology areas, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Education Government Operations

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: eh
financial institutions, investors, and borrowers:
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: eh
federal implementing agencies:
financial institutions, investors, and borrowers:

Legislative Progress

Reported
Introduced Committee Passed
Apr 30, 2024

Received; read twice and referred to the Committee on Small …

Apr 26, 2024

Additional sponsors: Mr. Davis of North Carolina, Mr. Alford, Mrs. …

Apr 26, 2024

Reported with an amendment, committed to the Committee of the …

Sep 1, 2023

Mr. Meuser (for himself and Ms. Scholten) introduced the following …

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Financial Services
9 mentions across 3 clauses
+6 positive -3 negative

SBICs relying heavily on government funding sources, Small Business Investment Companies investing in critical technology, Small Business Investment Companies investing in rural areas

Positive-direction: Small Business Investment Companies investing in critical technology, Small Business Investment Companies investing in rural areas

Negative-direction: SBICs relying heavily on government funding sources

Small Business
3 mentions across 3 clauses
+3 positive

Small businesses in rural and low-income areas

Technology
3 mentions across 3 clauses
+3 positive

Small businesses in critical technology sectors

Educational Services
3 mentions across 3 clauses
+3 positive

College and university foundations and endowments

Government
3 mentions across 3 clauses
-3 negative

Small Business Administration

2/2
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Education Government Operations
Actor Mappings
"administrator_of_sba"
→ Administrator of the Small Business Administration

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology