# 119-hr-5559: Investments in Innovation Act of 2025

119-hr-5559, Investments in Innovation Act of 2025, is a 119th Congress bill sponsored by Rep. Strickland, Marilyn [D-WA-10] (D-WA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-5559
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5559
- Congress: 119
- Title: Investments in Innovation Act of 2025
- Status: introduced
- Introduced: 2025-09-23
- Sponsor: Rep. Strickland, Marilyn [D-WA-10] (D-WA)
- Cosponsors: 1
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Eases leverage limits for SBIC investments in socially and economically disadvantaged small businesses.** The bill would let the Small Business Administration exclude the cost basis of certain equity investments in socially and economically disadvantaged small business concerns (SEDSBCs) from an SBIC's outstanding leverage calculation, while requiring certification and imposing concentration caps. - Small business investment companies (SBICs) would be able to exclude equity investments in SEDSBCs from their leverage up to 50% of the SBIC's private capital. To qualify an SBIC must certify that at least 50% of its dollar investments will go to SEDSBCs and be licensed in the first fiscal year after enactment or later. - Socially and economically disadvantaged small business concerns would see broader leverage eligibility for investors. That change would make SBIC-backed equity investment in these firms more attractive under the leverage rules. - The bill adds concentration limits. Any single portfolio company would face a cap equal to the lesser of 300% of its private capital or $175 million. For two or more companies under common control the aggregate cap is $250 million.

## Cosponsors (1)

- Rep. Smith, Adam [D-WA-9] (D-WA), 2025-09-23T00:00:00.000Z

## Provisions PRIA read

- Borrowing relief for funds backing disadvantaged small firms: benefit, low. If enacted, the Small Business Administration would ignore some equity investments when it counts a fund’s borrowing. It would exclude equity put into socially and economically disadvantaged small businesses, up to 50% of the fund’s private capital. To qualify, a fund must be licensed in or after t…

## Related bills

- 119-hr-8800: National Defense Authorization Act for Fiscal Year 2027
- 119-hr-3838: Streamlining Procurement for Effective Execution and Delivery and National Defense Authorization Act for Fiscal Year 2026
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7973: Momnibus Act
- 119-hr-3077: Agriculture Resilience Act of 2025

## Sources
- [119-hr-5559 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5559)

## Related
- [119-hr-8800: National Defense Authorization Act for Fiscal Year 2027](https://policyrisk.com/legislation/119-hr-8800)
- [119-hr-3838: Streamlining Procurement for Effective Execution and Delivery and National Defe…](https://policyrisk.com/legislation/119-hr-3838)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-3077: Agriculture Resilience Act of 2025](https://policyrisk.com/legislation/119-hr-3077)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5559 (as of 2026-04-21).