Investing in All of America Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3341 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 3341 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. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 3, 2025 Mr. Hickenlooper (for himself, Mr. Marshall, Mr. Young, and Mr. Coons) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship _______________________________________________________________________ A BILL 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Investing in All of America Act of 2025''. SEC. 2. SMALL BUSINESS INVESTMENT COMPANY MAXIMUM LEVERAGE EXCLUSION. (a) Definitions.--Section 103(9) of the Small Business Investment Act of 1958 (15 U.S.C. 662(9)) is amended-- (1) in subparagraph (A)(ii), by striking ``and'' at the end; (2) in subparagraph (B)(iii)-- (A) in subclause (I), by striking ``established prior to October 1, 1987''; (B) in subclause (II)-- (i) by striking ``or'' and inserting a comma; and (ii) by inserting ``, or a foundation, endowment, or trust of a college or university'' after ``pension plan''; and (C) in subclause (III), by striking the semicolon at the end and inserting ``; and''; and (3) by adding at the end the following new subparagraph: ``(C) does not include any funds obtained directly or