The exclusion clause is rewritten to reach both limits and more than one company
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, section 2, Sec. 2.
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The exclusion clause is rewritten to reach both limits and more than one company
The document says “is amended”Who acts: CongressHow: statuteSec. 2 in the PDF
What the document says
“(B) in clause (i)-- (i) by striking "(i) In calculating" and inserting the following: "(i) In general.--Except as provided in clause (iii), in calculating"; (ii) by inserting "or companies" after "of a company"; (iii) by striking "subparagraph (A)" and inserting "subparagraphs (A) and (B)"; (iv) by striking "equity"”
Amends clause (i) of section 303(b)(2)(C) of the Small Business Investment Act of 1958. It heads the clause "In general", makes it subject to clause (iii), inserts "or companies" after "of a company", replaces the reference to "subparagraph (A)" with one to "subparagraphs (A) and (B)", and strikes the word "equity".
What the document actually says
“(B) in clause (i)-- (i) by striking "(i) In calculating" and inserting the following: "(i) In general.--Except as provided in clause (iii), in calculating"; (ii) by inserting "or companies" after "of a company"; (iii) by striking "subparagraph (A)" and inserting "subparagraphs (A) and (B)"; (iv) by striking "equity"”
That sentence, in plain words
The words of an older clause change. It now points to two limits, not one. It now covers more than one company. The word equity comes out.
What this is about
The older clause is not on this site. So its full text is not shown here. This part lists the words to take out and the words to put in.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Investing in All of America Act of 2025, Public Law 119-92, sec. 2, 140 Stat. 825 (2026). https://www.govinfo.gov/content/pkg/PLAW-119publ92/html/PLAW-119publ92.htm
This page
“The exclusion clause is rewritten to reach both limits and more than one company,” Investing in All of America Act of 2025, section 2, Sec. 2. Read the Mandate, https://readthemandate.org/investing-in-all-america-act-2025/proposal/sec02-exclusion-reaches-both-limits/ (retrieved October 10, 2026).
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