H.R. 2066 · 119th Congress

Investing in All of America Act of 2025

Introduced on Mar 11, 2025 by Daniel Meuser (R-PA-9). 8 cosponsors, 4 of them from another party. Became Public Law 119-92.

Stage
Became law
Public Law 119-92
Introduced
Mar 11, 2025
Cosponsors
8
4 from the other party
Policy area
Commerce
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Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. Passed one chamber
  4. Passed both chambers
  5. Sent to the President
  6. Became law

Official title

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.

Subjects

  • Business investment and capital
  • Congressional oversight
  • Inflation and prices
  • Rural conditions and development
  • Small business

Summary

By the Congressional Research Service (Public Law, May 19, 2026). Public domain.

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.

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.

The act also 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.

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.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Daniel MeuserR-PA-9Sponsor

Democrats · 4

Republicans · 4

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

No recorded roll call on this measure: it moved by voice vote or unanimous consent, or has not reached the floor.

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Mar 11, 2025Introduced in House
  2. Mar 11, 2025Introduced in House
  3. Mar 11, 2025 · HouseReferred to the House Committee on Small Business.
  4. Jul 22, 2025 · HouseCommittee Consideration and Mark-up Session Held
  5. Jul 22, 2025 · HouseOrdered to be Reported (Amended) by the Yeas and Nays: 23 - 0.
  6. Aug 15, 2025Reported (Amended) by the Committee on Small Business. H. Rept. 119-227.
  7. Aug 15, 2025 · HouseReported (Amended) by the Committee on Small Business. H. Rept. 119-227.
  8. Aug 15, 2025 · HousePlaced on the Union Calendar, Calendar No. 185.
  9. Dec 1, 2025 · HouseMr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
  10. Dec 1, 2025 · HouseConsidered under suspension of the rules. (consideration: CR H4918-4919)
  11. Dec 1, 2025 · HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 2066.
  12. Dec 1, 2025Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
  13. Dec 1, 2025 · HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
  14. Dec 1, 2025 · HouseMotion to reconsider laid on the table Agreed to without objection.
  15. Dec 2, 2025 · SenateReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
  16. Apr 15, 2026Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
  17. Apr 15, 2026 · SenateSenate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
  18. Apr 15, 2026Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
  19. Apr 15, 2026 · SenatePassed Senate without amendment by Unanimous Consent. (consideration: CR S1789-1790)
  20. Apr 16, 2026 · SenateMessage on Senate action sent to the House.
  21. May 12, 2026Presented to President.
  22. May 12, 2026 · HousePresented to President.
  23. May 19, 2026Signed by President.
  24. May 19, 2026Signed by President.
  25. May 19, 2026Became Public Law No: 119-92.
  26. May 19, 2026Became Public Law No: 119-92.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. ESHARES, INC. D/B/A CARTA, INC.6 reports
    $690K reported (all issues)

Reports filed in 2025, 2026.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 6, 2026 · loaded Oct 6, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 6, 2026 · loaded Oct 6, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.