Young, Duckworth, Risch reintroduce bill to increase investm

Young, Duckworth, Risch reintroduce bill to increase investment in small businesses

Last week, 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

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