Contact Congress about H.R. 2066: Investing in All of America Act of 2025

SBICs would get new incentives to invest in rural areas, low-income communities, critical tech, and small manufacturers by letting those deals not count against their federal borrowing limits. At the same time, the bill tightens overall borrowing caps and redefines what counts as private capital.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Investing in All of America Act of 2025 is a House bill signed into law. The latest recorded action: Became Public Law No: 119-92.

Latest action on H.R. 2066: Became Public Law No: 119-92.

Who this affects: This bill most directly affects SBICs and the small businesses they invest in. Funds that focus on underserved areas and strategic industries could gain more room to invest, while funds relying on government-sourced capital may find it harder to qualify for borrowing. Small businesses in rural and low-income areas, manufacturers, and tech companies in defense-related fields could see increased access to private investment capital.

Why this matters: SBICs are one of the main channels through which the federal government supports private investment in small businesses. Changing their borrowing rules affects where billions of dollars flow. This bill tries to fix two problems at once: too much risk from high leverage, and too little investment in communities and industries that need it most. Whether it succeeds depends on how many funds actually use the new carve-outs and whether the tighter caps reduce overall funding.

Key provisions in H.R. 2066

• The bill redefines 'private capital' for SBICs to generally exclude money from federal, state, or local governments, with narrow exceptions for certain institutional investors like pension funds and university endowments.
• It cuts a key borrowing ratio from 300% to 200%, reducing how much SBICs can borrow relative to their private capital.
• Individual SBICs that make quarterly or semiannual interest payments can borrow up to $250 million; all other SBICs are capped at $175 million.
• Groups of related SBICs face combined caps of $475 million (with regular interest payments) or $350 million (for all others).
• The bill expands which investments can be left out of borrowing-limit calculations to include: small businesses in low-income areas, rural businesses, critical technology companies, and small manufacturers.

How Modern Action helps you take action on H.R. 2066

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about H.R. 2066

What is H.R. 2066?

SBICs would get new incentives to invest in rural areas, low-income communities, critical tech, and small manufacturers by letting those deals not count against their federal borrowing limits. At the same time, the bill tightens overall borrowing caps and redefines what counts as private capital.

How do I support or oppose H.R. 2066?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about H.R. 2066?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain H.R. 2066 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.