Investing in All of America Act of 2025

Summary of HR 2066: Investing in All of America Act of 2025

Bill Information:
- Bill Number: HR 2066
- Title: Investing in All of America Act of 2025
- Status: Reported (Amended) by the Committee on Small Business (H. Rept. 119-227)
- Introduced: March 11, 2025
- Classification: Bill

Purpose and Intent

The Investing in All of America Act of 2025 aims to enhance investment opportunities in American manufacturing sectors, rural areas, and critical national defense technologies. By amending the Small Business Investment Act of 1958, the bill seeks to remove certain leverage restrictions, thereby incentivizing private investments in small businesses located in underserved areas and sectors.

Key Provisions

1. Exclusion from Leverage Limits:

   • The bill allows for the exclusion of specific investments from the leverage limits imposed on Small Business Investment Companies (SBICs). This includes investments in:
     • Small businesses located in rural or low-income areas.
     • Small businesses operating in critical technology sectors.
     • Small manufacturers.

2. Revised Leverage Cap:

   • The maximum leverage cap for SBICs is adjusted:
     • From $300 million to $200 million for certain companies.
     • Increased to $475 million for companies making quarterly or semiannual interest payments.
     • Maintains a cap of $350 million for other companies.

3. Investment Eligibility:

   • Investments made after the enactment of this bill will be eligible for exclusion from the calculation of outstanding leverage, promoting immediate action in targeted sectors.

Impact

• Targeted Beneficiaries:

  • Small businesses in rural and low-income areas.
  • Companies involved in critical technology and manufacturing sectors.

• Economic Growth:

  • The bill is designed to stimulate private investment, which could lead to job creation and economic revitalization in areas that have historically faced financial challenges.

• National Security:

  • By focusing on critical technologies, the legislation aims to bolster national security through enhanced support for defense-related industries.

Procedural Timeline

• March 11, 2025: Bill introduced and referred to the House Committee on Small Business.
• July 22, 2025: Committee consideration and mark-up session held; reported out with amendments (23-0 vote).
• August 15, 2025: Placed on the Union Calendar and reported by the Committee on Small Business.

Conclusion

The Investing in All of America Act of 2025 represents a strategic effort to enhance investment in key sectors and regions of the United States. By removing leverage restrictions for targeted investments, the bill aims to foster economic growth, support small businesses, and strengthen national security.