Young, Duckworth, Risch Reintroduce Bill to Increase Investment in Small Businesses
February 01, 2024
February 01, 2024
WASHINGTON, Feb. 1 -- Sen. Todd Young, R-Indiana, issued the following news release:
WASHINGTON - Today, U.S. Senators Todd Young (R-Ind.), Tammy Duckworth (D-Ill.), and Jim Risch (R-Idaho) reintroduced 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). In 1958, the Small Business Administration launched the SBIC program to facilitate and regulate i . . .
WASHINGTON - Today, U.S. Senators Todd Young (R-Ind.), Tammy Duckworth (D-Ill.), and Jim Risch (R-Idaho) reintroduced 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). In 1958, the Small Business Administration launched the SBIC program to facilitate and regulate i . . .