House Bill
H.R. 400
No taxpayer funding for United Nations Human Rights Council Act
Primary Sponsor
Chip Roy
Representative
Cosponsors
3
Quick Stats
Policy Area
Summary
This bill allows certain banks to invest up to 15% of their funds in small business investment companies (SBICs), which are companies that provide financing and advice to small businesses. The current limit is 5%, so this bill would let banks put more of their money towards supporting small businesses.
Latest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Vote Prediction
No taxpayer funding for United Nations Human Rights Council Act
This bill allows certain banks to invest up to 15% of their funds in small business investment companies (SBICs), which are companies that provide financing and advice to small businesses. The current limit is 5%, so this bill would let banks put more of their
Community Breakdown
Pass
0%
Fail
0%
0 predictions
This bill allows certain banks to invest up to 15% of their funds in small business investment companies (SBICs), which are companies that provide financing and advice to small businesses. The current limit is 5%, so this bill would let banks put more of their money towards supporting small businesses.
- Bill Number
- 400
- Sponsor
- Chip Roy (R-TX)
- Introduced
- 6/24/2025
- Status
- Referred to the House Committee on Foreign Affairs.
- Policy Area
- Commerce
Data from Congress.gov
Fact Sheet
- Title
- No taxpayer funding for United Nations Human Rights Council Act
- Bill Number
- 400
- Sponsor
- Chip Roy (R-TX)
- Status
- Referred to the House Committee on Foreign Affairs.
- Introduced
- 6/24/2025
- Summary
- This bill allows certain banks to invest up to 15% of their funds in small business investment companies (SBICs), which are companies that provide financing and advice to small businesses. The current limit is 5%, so this bill would let banks put more of their money towards supporting small business
Data from Congress.gov
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