H. Rept. 115-216 1 (2017-07-12)

handle is hein.congrecreports/crptxaacl0001 and id is 1 raw text is: AUTHENTICATEO
U.S. GOVERNMENT
INFORMATION
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                    115TH CONGRESS                                        REPORT
                       1st Session    HOUSE OF REPRESENTATIVES            115-216







                             INVESTING IN MAIN STREET ACT OF 2017



                     JULY 12, 2017.-Committed to the Committee of the Whole House on the State of
                                       the Union and ordered to be printed



                           Mr. CHABOT, from the Committee on Small Business,
                                         submitted the following


                                             REPORT

                                           [To accompany H.R. 2364]

                      The Committee on Small Business, to whom was referred the bill
                    (H.R. 2364) to amend the Small Business Investment Act of 1958
                    to increase the amount that certain banks and savings associations
                    may invest in small business investment companies, subject to the
                    approval of the appropriate Federal banking agency, and for other
                    purposes, having considered the same, report favorably thereon
                    without amendment and recommend that the bill do pass.

                                                CONTENTS
                                                                                   Page
                        I. Purpose of the Bill and  Summary  .............................................................  2
                        II. Background and the Need for Legislation ..............................................  2
                      III. H earings  .......................................................................................................  2
                      IV. Com m ittee  Consideration  .........................................................................  2
                      V . Com m ittee  V otes  .......................................................................................  2
                      VI. Section-by-Section  Analysis of H.R. 2364  .................................................  4
                      VII. Unfunded  M andates  ....................................................................................  4
                      VIII. New Budget Authority, Entitlement Authority and Tax Expenditures           4
                      IX. Oversight  Findings  ......................................................................................  4
                      X. Statement of Constitutional Authority ......................................................  4
                      XI. Congressional Accountability  Act  .............................................................  4
                      XII. Federal Advisory Committee Statement ...................................................  5
                      XIII.  Statem ent of No  Earm arks  .......................................................................  5
                      XIV. Statement of Duplication of Federal Programs ......................................  5
                      XV. Disclosure of Directed  Rule  Makings  ......................................................  5
                      XVI. Performance Goals and   Objectives  ..........................................................  5
                      XVII. Changes in Existing Law Made by the Bill, as Reported ........................  5

                          COST ESTIMATE OF THE CONGRESSIONAL BUDGET OFFICE

                      The cost estimate prepared by the Director of the Congressional
                    Budget Office pursuant to  402 of the Congressional Budget Act of
                    1974 was not submitted timely to the Committee.
                       69-006

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