The bill
Investing in All of America Act of 2025
HR. 2066, 119th Congress — read as touching Private Equity & Hedge Funds.
Investing in All of America Act of 2025
Download PDFBill ID: 119/hr/2066
Last Updated: July 17, 2026
Sponsored by
Rep. Meuser, Daniel [R-PA-9]
ID: M001204
Follow the money
The sponsor
Rep. Meuser, Daniel [R-PA-9]
Every bill has someone who introduced it. That name is where the paper trail starts.
The money
$99,770 raised
22 itemised contributions to this sponsor, pulled from FEC filings.
Bill's Journey to Becoming a Law
Track this bill's progress through the legislative process
Latest Action
Became Public Law No: 119-92.
May 18, 2026
Introduced
Committee Review
Floor Action
Passed House
Senate Review
Passed Congress
Presidential Action
Became Law
📍 Current Status
This bill has become law!
📚 How does a bill become a law?
1. Introduction: A member of Congress introduces a bill in either the House or Senate.
2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.
3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.
4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.
5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.
6. Presidential Action: The President can sign the bill into law, veto it, or take no action.
7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!
Bill Summary
[119th Congress Public Law 92] [From the U.S. Government Publishing Office]
[[Page 140 STAT. 825]]
Public Law 119-92 119th Congress
An Act
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. <<NOTE: May 19, 2026 - [H.R. ...
Related Topics
Small Business & Entrepreneurship
Generated using Llama 3.1 70B (Dr. Haus personality)
💰 Campaign Finance Network
Rep. Meuser, Daniel [R-PA-9]
Congress 119 • 2024 Election Cycle
Total Contributions
$99,770
21 donors
PACs
$0
Organizations
$3,500
Committees
$0
Individuals
$96,270
No PAC contributions found
1
PRIDE MOBILITY PRODUCTS CORP
$2,500
2
COTLER, YUDACUFSKI, HUEBNER
$1,000
No committee contributions found
1
DOWD, JOHN J
$13,200
2
PEYKOFF, ANDY
$6,600
3
ROWAN, MARC J
$6,600
4
ROWAN, CAROLYN
$6,600
5
RICH, BRIAN R MR. JR
$6,600
6
VOLPE, ELLEN M
$5,800
7
VOLPE, CHARLES J
$5,800
8
B ASHER, ROBERT
$5,000
9
ROSE, VIRGINIA S
$5,000
10
ASHER, ROBERT B MR.
$4,900
11
KNIGHT, PETER H
$3,500
12
GOLDEAN, PAUL
$3,435
13
MCCARTHY JR, JOHN
$3,435
14
ALLISON, LAWRENCE S JR.
$3,300
15
MERICLE, KIM E
$3,300
16
SCHLOUCH, BARRY L
$3,300
17
PUGH, BRENDA M
$3,300
18
COATES, JOHN O
$3,300
19
CLEMENTS, BRIAN W
$3,300
Cosponsors & Their Campaign Finance
This bill has 8 cosponsors. Below are their top campaign contributors.
Rep. Scholten, Hillary J. [D-MI-3]
ID: S001221
Top Contributors
10
1
FEDERATED INDIANS OF GRATON RANCHERIA
OrganizationROHNERT PARK, CA
$6,600
Aug 5, 2024
2
SAGINAW CHIPPEWA INDIAN TRIBE
OrganizationMT PLEASANT, MI
$3,300
Sep 29, 2023
3
POKAGON BAND OF POTAWATOMI INDIANS
OrganizationDOWAGIAC, MI
$3,300
Sep 29, 2023
4
FEDERATED INDIANS OF GRATON RANCHERIA
OrganizationROHNERT PARK, CA
$3,300
Aug 5, 2024
5
MATCH-E-BE-NASH-SHE-WISH BAND OF POTTAWATOMI INDIANS
OrganizationSHELBYVILLE, MI
$3,300
Oct 22, 2024
6
MATCH-E-BE-NASH-SHE-WISH BAND OF POTTAWATOMI INDIANS
OrganizationSHELBYVILLE, MI
$3,300
Dec 21, 2023
7
MASHANTUCKET PEQUOT TRIBE
OrganizationMASHANTUCKET, CT
$3,300
Dec 21, 2023
8
NOTTAWASEPPI HURON BAND OF THE POTAWATOMI
OrganizationFULTON, MI
$3,300
Mar 29, 2024
9
CHEROKEE NATION
OrganizationWASHINGTON, DC
$1,000
Sep 23, 2024
10
PEOPLE FOR BETTER GOVERNMENT COMMITTEE OF THE SAN MANUEL BAND OF MISSION INDIANS
OrganizationLOS ANGELES, CA
$1,000
Aug 22, 2024
Rep. Wied, Tony [R-WI-8]
ID: W000829
Top Contributors
10
1
WMC CONDUIT
COMMADISON, WI
$2,500
Sep 11, 2024
2
FOREST COUNTY POTAWATOMI COMMUNITY
OrganizationCRANDON, WI
$3,300
Sep 23, 2024
3
UIHLEIN, RICHARD
ULINE • VP
IndividualHUDSON, WI
$6,870
May 14, 2024
4
SEIDENSTICKER, LAURA
RETIRED • RETIRED
IndividualLAKE FOREST, IL
$6,870
May 16, 2024
5
FISCHER, LAURIE
SELF-EMPLOYED • CONSULTANT
IndividualONEIDA, WI
$6,600
Jul 16, 2024
6
NINIVAGGI, ANGELO
PLEXUS • ATTORNEY
IndividualAPPLETON, WI
$6,600
Apr 8, 2024
7
NINIVAGGI, JENNIFER
RETIRED • RETIRED
IndividualAPPLETON, WI
$6,600
Apr 9, 2024
8
CHARLES, DAVID R
CASH DEPOT • PRESIDENT
IndividualNEW FRANKEN, WI
$6,600
May 16, 2024
9
GREENE, JAMES
WG&R FURNITURE CO • CHAIRMAN
IndividualDE PERE, WI
$6,600
May 1, 2024
10
GREENE, MEGHAN
HOMEMAKER • HOMEMAKER
IndividualDE PERE, WI
$6,600
May 1, 2024
Rep. Fitzpatrick, Brian K. [R-PA-1]
ID: F000466
Top Contributors
10
1
SANTA YNEZ BAND OF MISSION INDIANS
OrganizationSANTA YNEZ, CA
$1,500
Dec 31, 2024
2
STATA FAMILY OFFICE
Organization
$500
Apr 26, 2024
3
ASHER, ROBERT B.
IndividualGWYNEDD VALLEY, PA
$10,000
Oct 9, 2024
4
ASHER, ROBERT B.
ASHER CHOCOLATES • CHAIRMAN
IndividualGWYNEDD VALLEY, PA
$10,000
Sep 30, 2024
5
LEVY, EDWARD JR
EDW C LEVY CO • CHAIRMAN
IndividualBIRMINGHAM, MI
$6,600
Feb 26, 2024
6
CROTTY, THOMAS
RETIRED • RETIRED
IndividualSCOTTSDALE, AZ
$6,600
Feb 27, 2024
7
EVANS, ROGER
GREYLOCK PARTNERS • PARTNER EMERITUS
IndividualSAN FRANCISCO, CA
$6,600
Feb 27, 2024
8
LEACH, RONALD
NPX ONE • CHAIRMAN & CEO
IndividualGENEVA, IL
$6,600
Feb 28, 2024
9
MCCLAIN, MARK
SAILPOINT • CEO
IndividualAUSTIN, TX
$6,600
Mar 2, 2024
10
CROTTY, THOMAS
IndividualSCOTTSDALE, AZ
$6,600
Mar 8, 2024
Del. King-Hinds, Kimberlyn [R-MP-At Large]
ID: K000404
Top Contributors
0
No contribution data available
Rep. Davids, Sharice [D-KS-3]
ID: D000629
Top Contributors
10
1
HO-CHUNK NATION
OrganizationBLACK RIVER FALLS, WI
$3,300
Oct 21, 2024
2
LEECH LAKE BAND OF OJIBWE
OrganizationCASS LAKE, MN
$3,300
Nov 4, 2024
3
MATCH-E-BE-NASH-SHE-WISH BAND OF POTTAWATOMI INDIANS
OrganizationSHELBYVILLE, MI
$3,300
Oct 23, 2024
4
PASCUA YAQUI TRIBE
OrganizationTUCSON, AZ
$3,300
Nov 1, 2024
5
PRAIRIE ISLAND TRIBAL COUNCIL
OrganizationWELCH, MN
$3,300
Oct 23, 2024
6
REDDING RANCHERIA
OrganizationREDDING, CA
$3,300
Nov 5, 2024
7
THE UTE INDIAN TRIBE
OrganizationFORT DUCHESNE, UT
$3,300
Nov 15, 2024
8
CHEROKEE NATION
OrganizationTAHLEQUAH, OK
$3,300
Dec 29, 2023
9
CHEROKEE NATION
OrganizationTAHLEQUAH, OK
$3,300
Dec 29, 2023
10
HO CHUNK NATION
OrganizationBLACK RIVER FALLS, WI
$3,300
Dec 8, 2023
Rep. Davis, Donald G. [D-NC-1]
ID: D000230
Top Contributors
10
1
FEDERATED INDIANS OF GRATON RANCHERIA
OrganizationROHNERT PARK, CA
$3,300
Mar 5, 2024
2
TUNICA-BILOXI TRIBE OF LA
OrganizationMARKSVILLE, LA
$2,000
Dec 31, 2023
3
SHAKOPEE MDEWAKANTON SIOUX COMMUNITY
OrganizationPRIOR LAKE, MN
$1,650
Jun 6, 2023
4
SHAKOPEE MDEWAKANTON SIOUX COMMUNITY
OrganizationPRIOR LAKE, MN
$1,650
May 13, 2024
5
BARONA BAND OF MISSION INDIANS
OrganizationLAKESIDE, CA
$1,500
May 31, 2023
6
CHEROKEE NATION
OrganizationTAHLEQUAH, OK
$1,000
Dec 28, 2023
7
FISHER, DEBORAH
NOT EMPLOYED • NOT EMPLOYED
IndividualCOEUR D ALENE, ID
$4,000
Jul 29, 2024
8
BLOOM, BRADLEY
BERKSHIRE PARTNERS LLC • INVESTMENTS
IndividualWELLESLEY, MA
$3,300
Oct 31, 2024
9
BRAUFMAN, JILL
NOT EMPLOYED • RETIRED
IndividualSURFSIDE, FL
$3,300
Oct 18, 2024
10
CLAPP, STEPHEN
SELF EMPLOYED • RANCHER
IndividualSEQUIM, WA
$3,300
Oct 30, 2024
Rep. LaLota, Nick [R-NY-1]
ID: L000598
Top Contributors
0
No contribution data available
Rep. Vindman, Eugene Simon [D-VA-7]
ID: V000138
Top Contributors
10
1
LUX FOR VIRGINIA
OrganizationLADYSMITH, VA
$500
Mar 29, 2024
2
LUX FOR VIRGINIA
OrganizationLADYSMITH, VA
$500
Mar 31, 2024
3
FORSTER-BURKE, DIANE
NOT EMPLOYED • NOT EMPLOYED
IndividualCOTTONWOOD HEIGHTS, UT
$4,000
Apr 20, 2024
4
FORSTER-BURKE, DIANE
IndividualCOTTONWOOD HEIGHTS, UT
$4,000
May 5, 2024
5
VON STEIN, THOMSON
IndividualROCKVILLE, MD
$3,500
Aug 7, 2024
6
HULL, MEGAN
SELF • ACTIVIST
IndividualWASHINGTON, DC
$3,300
Nov 2, 2024
7
KAISER, GEORGE
GBK CORPORATION • EXECUTIVE
IndividualTULSA, OK
$3,300
Oct 25, 2024
8
PARSONS, KATHLEEN
NOT EMPLOYED • NOT EMPLOYED
IndividualPOTOMAC, MD
$3,300
Oct 18, 2024
9
STAPLE, HARISE
SELF • MD
IndividualLOS ALTOS, CA
$3,300
Oct 18, 2024
10
HOLMES, LAURA
SELF • REAL ESTATE INVESTOR
IndividualBOCA RATON, FL
$3,300
Oct 22, 2024
Donor Network - Rep. Meuser, Daniel [R-PA-9]
PACs
Organizations
Individuals
Politicians
Hub layout: Politicians in center, donors arranged by type in rings around them.
Loading...
Showing 53 nodes and 34 connections (35 secondary connections hidden)
Total contributions: $147,540
Top Donors - Rep. Meuser, Daniel [R-PA-9]
Showing top 21 donors by contribution amount
2 Orgs19 Individuals
Industry Impact
Which industries are materially affected by specific provisions in this bill. 2 helped.
- +Private Equity & Hedge Fundsconfidence 0.90
Section 2(b)(1)(A) reduces the leverage limit from 300 to 200 for certain SBICs, and Section 2(b)(1)(B) increases the maximum leverage exclusion amounts (e.g., $250M for quarterly/semiannual interest payers, $175M for others), allowing private equity and hedge fund-affiliated SBICs to take on more leverage relative to private capital, which benefits their investment capacity.
- +For-Profit Education & Student Loansconfidence 0.70
Section 2(b)(3)(C)(i) adds 'small manufacturers' to the definition of eligible businesses for leverage exclusion, which could include for-profit education companies that operate as small manufacturers (e.g., producing educational materials or equipment), potentially allowing them to access SBIC leverage exclusions if they meet the small manufacturer definition under section 501(e)(6) of the Act.
Who funds the sponsor on these industries
For each industry this bill affects, here's what the sponsor (Rep. Meuser, Daniel [R-PA-9])received from donors associated with that industry during the 2022–present cycles. Donations are not proof of intent — they are a record of who funds the people writing the law.
Industries this bill HELPS
- from 2 contributions
- ROWAN, MARC J$9,900