H.R. 5333, titled the “Investing in All of America Act of 2023,” aims to change the rules under the Small Business Investment Act of 1958. Specifically, it allows certain investments in smaller businesses located in rural or low-income areas, as well as in critical technology sectors, to be...
Simple Explanation
The bill wants to help small businesses, especially those in the countryside, poorer areas, or making cool technology, by letting them have more money to grow without worrying about too many loans. It also wants to check each year how this money helps make jobs and improve these areas.