Young, Duckworth, Risch Legislation to Increase Investment in Small Businesses
July 02, 2019
July 02, 2019
WASHINGTON, July 2 -- Sen. Todd Young, R-Indiana, issued the following news release:
Last week, U.S. Senators Todd Young (R-Ind.), Tammy Duckworth (D-Ill.), and Jim Risch (R-Idaho) introduced the Investing in Main Street Act to increase investment in small businesses by permitting banks to invest up to 15 percent of their capital in Small Business Investment Companies (SBIC). The dramatic increase in capital for the SBIC program would be deployed to domestic small businesses at no c . . .
Last week, U.S. Senators Todd Young (R-Ind.), Tammy Duckworth (D-Ill.), and Jim Risch (R-Idaho) introduced the Investing in Main Street Act to increase investment in small businesses by permitting banks to invest up to 15 percent of their capital in Small Business Investment Companies (SBIC). The dramatic increase in capital for the SBIC program would be deployed to domestic small businesses at no c . . .