Minority And Disadvantaged Businesses
US Congress 116th Congress
Native Chamorro Equity Act [HB-7986]
[Native American Affairs ]
To provide for contracting with Native Chamorro Organizations, and for other purposes.
Sponsored by: Rep. Michael F. Q. San Nicolas
Introduced In House on 08/07/2020
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Paycheck Protection Program Transparency Act of 2020 [S.4455]
[Small Business ]
[Funding ]
[Budget and Spending ]
[Labor, Jobs, Employment ]
[Technology and Innovation ]
[Data Privacy ]
[Public Health ]
[Healthcare ]
[Economic Development ]
[Consumer Protection ]
Requires the Small Business Administration (SBA) to disclose and report certain information related to the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the SBA must establish a website that contains specified borrower information such as the name, location, and number of employees of each borrower of a paycheck protection loan. The SBA must establish a second website that contains specified lender information such as the number of loans disbursed and total
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Sponsored by: Sen. Dianne Feinstein
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 08/05/2020
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Tribal Business Access to PPP Act [S.4446]
[Small Business ]
[Native American Affairs ]
[Funding ]
[Grants ]
[Economic Development ]
Modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by waiving affiliation rules that prevent certain tribal business concerns from being eligible to participate in the program. Affiliation rules govern which business entities are counted for the purpose of determining the size of a business, and affiliation occurs when multiple separate businesses are aggregated under one employer identification number and their employees or revenues are combined and counted
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Sponsored by: Sen. Richard Blumenthal
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 08/05/2020
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CDFI Crisis Fund Act [S.4430]
[Finance ]
[Small Business ]
[Economic Development ]
[Funding ]
[Grants ]
[Poverty ]
[Native American Affairs ]
[Race and Civil Rights ]
[Community Development ]
[Disaster Relief ]
[Public Health ]
[Unemployment ]
Establishes the CDFI National Crisis Fund. The fund is authorized to make grants to community development financial institutions (CDFIs) providing financial products as emergency assistance to small businesses and low-income populations in certain circumstances. Furthermore, the fund is triggered by certain emergency declarations, including the COVID-19 (i.e., coronavirus disease 2019) emergency period; certain disaster declarations; a specified increase in a statewide unemployment rate; or a specified increase in the nationwide unemployment rate.
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Sponsored by: Sen. Dianne Feinstein
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 08/04/2020
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To amend the Small Business Act to establish the Community Advantage Loan Program. [HB-7903]
[Small Business ]
[Finance ]
[Funding ]
[Grants ]
[Community Development ]
[Economic Development ]
Establishes through FY2025 a Community Advantage Loan Program under which the Small Business Administration (SBA) may guarantee loans made by covered institutions to small business concerns in underserved markets. Specifically, the bill provides statutory authority for the Community Advantage Pilot Program (CA) and includes women and minorities as eligible groups for CA loans in addition to the other categories that are currently eligible. The bill requires at least 75% of loans made by a covered institution under the program be made to small business
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Sponsored by: Rep. Judy Chu
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 12/07/2020
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21st Century Entrepreneurship Act [S.4366]
[Education ]
[Small Business ]
[Children and Youth ]
[Economic Development ]
[Funding ]
[Grants ]
Requires the Small Business Administration (SBA) to develop a curriculum for volunteers with the Service Corps of Retired Executives (SCORE) to teach underrepresented students (e.g., minority students, English learners, and children with disabilities) about entrepreneurship. The SBA shall develop and implement a strategy to encourage partnerships between the SCORE program and community learning centers to teach this curriculum and, in developing the curriculum, collaborate with education specialists and groups with experience serving underrepresented
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Sponsored by: Sen. Marsha Blackburn
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 07/29/2020
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Community Economic Development Center Support Act of 2020 [HB-7844]
[Economic Development ]
[Small Business ]
[Community Development ]
[Funding ]
[Grants ]
[Poverty ]
Requires the Minority Business Development Agency to carry out a grant program for supplying financial and technical assistance, through eligible intermediaries, to minority-serving economic development organizations. Such organizations must provide services to benefit certain low- and moderate-income persons and small businesses with annual revenues of less than $500,000.
Sponsored by: Rep. Eleanor Holmes Norton
Introduced In House on 07/29/2020
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Unlocking Opportunities in Emerging Markets Act of 2020 [HB-7773]
[Small Business ]
[Economic Development ]
[Trade ]
Establishes the Office of Emerging Markets within the Small Business Administration to oversee the planning, coordination, implementation, evaluation, and improvement of efforts to enhance the economic well-being of small business concerns in emerging markets.
Sponsored by: Rep. Don Young
Introduced In House on 07/24/2020
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Department of Homeland Security Mentor-Protégé Program Act of 2020 [S.4251]
[Small Business ]
[National Security ]
[Cybersecurity ]
[Technology and Innovation ]
[Defense ]
[Law Enforcement ]
[Funding ]
Provides statutory authority for the mentor-protégé program of the Department of Homeland Security (DHS) under which a mentor firm enters into an agreement with a protégé firm to assist the latter to compete for prime contracts and subcontracts of DHS.
Sponsored by: Sen. Mark R. Warner
Read Twice And Referred To The Committee On Homeland Security And Governmental Affairs. on 07/21/2020
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Jobs and Neighborhood Investment Act [S.4255]
[Community Development ]
[Economic Development ]
[Finance ]
[Funding ]
[Grants ]
[Housing ]
[Labor, Jobs, Employment ]
[Poverty ]
[Small Business ]
Establishes investment programs and generally revises provisions related to community development financial institutions and minority depository institutions. The Department of the Treasury must establish a Neighborhood Capital Investment Program to facilitate direct capital investments in low- and moderate-income community financial institutions. To qualify for the program, these institutions must, among other things, (1) demonstrate specified lending history regarding low-and moderate-income borrowers and other targeted populations, and (2) provide
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Sponsored by: Sen. Cory A. Booker
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 07/21/2020
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Jobs and Neighborhood Investment Act [HB-7709]
[Community Development ]
[Economic Development ]
[Finance ]
[Funding ]
[Grants ]
[Housing ]
[Labor, Jobs, Employment ]
[Small Business ]
[Poverty ]
Establishes investment programs and generally revises provisions related to community development financial institutions and minority depository institutions. The Department of the Treasury must establish a Neighborhood Capital Investment Program to facilitate direct capital investments in low- and moderate-income community financial institutions. To qualify for the program, these institutions must, among other things, (1) demonstrate specified lending history regarding low-and moderate-income borrowers and other targeted populations, and (2) provide
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Sponsored by: Rep. Gregory W. Meeks
Introduced In House on 07/21/2020
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Closing the Credit Gap Act [S.2361]
[Finance ]
[Small Business ]
[Economic Development ]
[Funding ]
[Grants ]
[Race and Civil Rights ]
Establishes a Community Advantage Loan Program under which the Small Business Administration (SBA) may guarantee loans made by covered institutions to small business concerns in underserved markets. Specifically, the bill makes the Community Advantage Pilot Program (CA) permanent and includes women and minorities as eligible groups for CA loans in addition to the other categories that are currently eligible. The bill requires at least 60% of loans made by a covered institution under the program be made to small business concerns in underserved markets,
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Sponsored by: Sen. Benjamin L. Cardin
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. (sponsor Introductory Remarks On Measure: Cr S5253) on 07/31/2019
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Coronavirus Economic Relief for Transportation Services Act [HB-7642]
[Transportation and Motor Vehicles ]
[Small Business ]
[Labor, Jobs, Employment ]
[Funding ]
[Grants ]
[Economic Development ]
[Race and Civil Rights ]
[Public Health ]
[Budget and Spending ]
Requires the Department of the Treasury to provide grants and other forms of emergency assistance to certain providers of transportation services that have experienced a significant revenue loss as a direct or indirect result of COVID-19 (i.e., coronavirus disease 2019). Treasury must ensure equal access to the assistance for small, minority-owned, and women-owned businesses. As a condition of receipt of assistance, Treasury must require that a provider of transportation services agree to (1) use the funds, on a priority basis, to maintain through
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Sponsored by: Rep. Alexander Mooney
Introduced In House on 07/16/2020
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Food and Farm Emergency Assistance Act [HB-7656]
[Agriculture ]
[Food ]
[Public Health ]
[Funding ]
[Grants ]
[Small Business ]
[Disaster Relief ]
Directs the Agricultural Marketing Service of the Department of Agriculture (USDA) to provide competitive grants to agricultural producers and other agricultural entities to support worker and public health and safety, or to adapt production, processing, distribution, and sales systems, in response to COVID-19 (i.e., coronavirus disease 2019). In awarding grants, preference shall be given to applications containing proposals intended to (1) expand access to food for participants in USDA food and nutrition programs; (2) enhance food distribution
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Sponsored by: Rep. Rick Larsen
Introduced In House on 07/16/2020
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Commerce, Justice, Science, and Related Agencies Appropriations Act, 2021 [HB-7667]
[Finance ]
[Telecommunications ]
[Crime ]
[Technology and Innovation ]
[Trade ]
[Budget and Spending ]
[Small Business ]
[Aerospace ]
[Race and Civil Rights ]
[Science ]
[Community Development ]
[Cybersecurity ]
[Artificial Intelligence ]
[National Security ]
[Funding ]
[Grants ]
Provides FY2021 appropriations to the Department of Commerce, the Department of Justice (DOJ), the science agencies, and several related agencies. The bill provides appropriations to the Department of Commerce for the International Trade Administration, the Bureau of Industry and Security, the Economic Development Administration, the Minority Business Development Agency, Economic and Statistical Analysis, the Bureau of the Census, the National Telecommunications and Information Administration, the U.S. Patent and Trademark Office, the National Institute
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Sponsored by: Rep. Jose E. Serrano
The House Committee On Appropriations Reported An Original Measure, H. Rept. 116-455, By Mr. Serrano. on 07/16/2020
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State, Foreign Operations, Agriculture, Rural Development, Interior, Environment, Military Construction, and Veterans Affairs Appropriations Act, 2021 [HB-7608]
[Agriculture ]
[Defense ]
[Environmental ]
[Food ]
[Veterans ]
[Budget and Spending ]
[Military ]
[Healthcare ]
[Public Lands and National Parks ]
[Funding ]
[Grants ]
Provides FY2021 appropriations for several federal departments and agencies. It includes 4 of the 12 regular FY2021 appropriations bills: the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2021; the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2021; the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2021; and the Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, 2021. The departments and
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Sponsored by: Rep. Nita M. Lowey
Received In The Senate And Read Twice And Referred To The Committee On Appropriations. on 07/30/2020
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To temporarily extend participation in the 8(a) program of the Small Business Administration, and for other purposes. [HB-7586]
[Small Business ]
[Labor, Jobs, Employment ]
[Economic Development ]
Requires the Small Business Administration to allow any small business participating in its 8(a) Business Development program to extend participation by a period of one year. The 8(a) Business Development program limits competition for certain government contracts to small businesses that participate in the program.
Sponsored by: Rep. Dwight Evans
Introduced In House on 07/13/2020
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MMEDS Act of 2020 Medical Manufacturing, Economic Development, and Sustainability Act of 2020 [HB-7527]
[Economic Development ]
[Healthcare ]
[Manufacturing ]
[Small Business ]
To rescue domestic medical manufacturing activity by providing incentives in economically distressed areas of the United States and its possessions.
Sponsored by: Rep. Jose E. Serrano
Introduced In House on 07/09/2020
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RESTART Act Reviving the Economy Sustainably Towards A Recovery in Twenty-twenty Act [HB-7481]
[Small Business ]
[Budget and Spending ]
[Finance ]
[Labor, Jobs, Employment ]
[Funding ]
[Grants ]
[Economic Development ]
[Public Health ]
Establishes a loan program whereby the Small Business Administration (SBA) shall guarantee loan amounts to certain businesses affected by COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill requires the SBA to guarantee 100% of program loan amounts made to certain small businesses that have not more than than 5,000 full-time employees. The terms for such loans shall include (1) a maximum duration of not more than seven years; (2) an amount that is not greater than 45% of 2019 gross receipts, up to $12 million; and (3) no payment on
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Sponsored by: Rep. Raul M. Grijalva
Introduced In House on 07/02/2020
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Minority Business Resiliency Act of 2020 [S.4208]
[Small Business ]
[Funding ]
[Grants ]
[Economic Development ]
[Race and Civil Rights ]
[Community Development ]
[Education ]
Permanently authorizes the Minority Business Development Agency and provides additional funding for the agency to assist minority businesses affected by COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill requires the agency to (1) promote and administer minority business development programs in the public and private sectors, and (2) carry out programs that increase access to capital, management, and technology for such businesses. The bill provides statutory authority for the agency's existing initiatives. Such initiatives include
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Sponsored by: Sen. Cory A. Booker
Read Twice And Referred To The Committee On Commerce, Science, And Transportation. on 07/02/2020