U.S. Rep. Meuser sponsors bill to help small businesses

Posted under: SMB
Date: 2025-03-18
Rep. Meuser Backs Bill to Aid Small Businesses| Justo Global

Representatives Dan Meuser (R-PA) and Hillary Scholten (D-MI) have introduced the Investing in All of America Act, designed to enhance capital access for small businesses in rural and low-income areas. The legislation modifies Small Business Investment Company (SBIC) leverage caps, exempting investments in rural, low-income, manufacturing, and critical technology sectors. With SBICs injecting over $8 billion into U.S. small businesses last year, including $412.3 million in Pennsylvania, the bill addresses the current disparity where less than 20% of SBIC investment reaches low to middle-income communities.

Read more at: pennbizreport.com