Minority And Disadvantaged Businesses

Federal
US Congress 116th Congress

PPP Data and Diversity Accountability Act of 2020 [HB-6861] [Small Business ] [Data Privacy ] [Economic Development ] [Funding ] [Grants ] [Public Health ]
Requires the Small Business Administration to collect and report specified demographic data for recipients of assistance under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).

  

Sponsored by: Rep. Barbara Lee Introduced In House on 05/14/2020

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Federal
US Congress 116th Congress

Minority Business Resiliency Act of 2020 [HB-6869] [Small Business ] [Funding ] [Grants ] [Economic Development ] [Race and Civil Rights ] [Budget and Spending ] [Labor, Jobs, Employment ] [Public Health ]
Permanently authorizes the Minority Business Development Agency and provides funding for the agency to assist minority businesses affected by COVID-19 (i.e., coronavirus disease 2019). The agency shall award grants to certain private, nonprofit organizations that (1) primarily provide services to minority businesses (e.g., education or making grants), and (2) are unable to pay financial obligations such as payroll. Such organizations must also be unable to engage in the same level of fundraising as the preceding year due to effects of COVID-19 . (continued...)

  

Sponsored by: Rep. Al Green Introduced In House on 05/14/2020

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Federal
US Congress 116th Congress

RELIEF for Main Street Act Recharge and Empower Local Innovation and Entrepreneurs Fund for Main Street Act [S.3742] [Small Business ] [Funding ] [Grants ] [Community Development ] [Native American Affairs ] [Economic Development ] [Disaster Relief ] [Public Health ] [Nonprofit ]
Establishes for one year the Small Business Local Relief Program, which shall allocate resources to states, local governments, and Native American tribes for providing assistance to certain small businesses and nonprofits that have lost revenue due to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill provides $50.5 billion for such assistance, of which (1) $35 billion shall be distributed based on the Community Development Block Grant formula (70% allocated to larger cities and counties and 30% to rural communities), (2) $15 billion (continued...)

  

Sponsored by: Sen. Cory A. Booker Committee On Small Business And Entrepreneurship. Hearings Held. on 07/23/2020

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Federal
US Congress 116th Congress

COVID–19 Emergency Medical Supplies Enhancement Act of 2020 [HB-6858] [Healthcare ] [Public Health ] [Defense ] [Manufacturing ] [National Security ] [Trade ] [Small Business ] [Economic Development ]
To enhance authorities under the Defense Production Act of 1950 to respond to the COVID-19 emergency, to provide additional oversight of such authorities, and to require a strategy on securing supply chains for medical materials, and for other purposes.

  

Sponsored by: Rep. Pramila Jayapal Introduced In House on 05/13/2020

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Federal
US Congress 116th Congress

To establish a payroll loan facility for small financial institutions affected by COVID-19, and for other purposes. [HB-6817] [Finance ] [Small Business ] [Budget and Spending ] [Funding ] [Grants ] [Economic Development ] [Public Health ]
Provides specified funds to the Department of the Treasury to establish a payroll loan facility that provides loans to small financial institutions. These loans must offer, to the maximum extent practicable, benefits and assistance similar to the Paycheck Protection Program created in response to the COVID-19 (i.e., coronavirus disease 2019) pandemic. Treasury must also establish a loan forgiveness program for these loans.

  

Sponsored by: Rep. Gregory W. Meeks Introduced In House on 05/12/2020

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Federal
US Congress 116th Congress

The Heroes Act [HB-6800] [Healthcare ] [Housing ] [Immigration ] [Student Loans ] [Medicare and Medicaid ] [Taxes ] [Budget and Spending ] [Small Business ] [Consumer Protection ] [Food ] [Veterans ] [Public Health ] [Mental Health ] [Children and Youth ] [Economic Development ] [Elections ] [Funding ] [Grants ] [Human Services ] [Pensions ] [Pharmaceuticals ] [Poverty ] [Retirement ] [Labor, Jobs, Employment ] [Telecommunications ] [Transportation and Motor Vehicles ] [Insurance ] [Cybersecurity ] [Data Privacy ] [Disaster Relief ] [Unemployment ]
Responds to the COVID-19 (i.e., coronavirus disease 2019) outbreak and its impact on the economy, public health, state and local governments, individuals, and businesses. Among other things, the bill provides FY2020 emergency supplemental appropriations to federal agencies; provides payments and other assistance to state, local, tribal, and territorial governments; provides additional direct payments of up to $1,200 per individual; expands paid sick days, family and medical leave, unemployment compensation, nutrition and food assistance programs, (continued...)

  

Sponsored by: Rep. Raul M. Grijalva Committee On Small Business And Entrepreneurship. Hearings Held. on 07/23/2020

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Federal
US Congress 116th Congress

A bill to appropriate additional amounts to provide loans under the paycheck protection program to community development financial institutions and minority depository institutions, and for other purposes. [S.3702] [Budget and Spending ] [Small Business ] [Funding ] [Grants ] [Community Development ] [Economic Development ] [Finance ] [Labor, Jobs, Employment ]
Modifies and provides additional funding for the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill provides an additional $10 billion to guarantee paycheck protection loans, $7.5 billion of which shall be for small loans made by community development financial institutions or minority depository institutions. The bill also establishes a grant program to provide assistance to community development financial institutions and minority depository institutions (continued...)

  

Sponsored by: Sen. Edward J. Markey Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 05/12/2020

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Federal
US Congress 116th Congress

COVID–19 DISASTER in Indian Country Act COVID–19 Designation of Immediate Special Authority of Spectrum for Tribes’ Emergency Response in Indian Country Act [HB-6819] [Telecommunications ] [Disaster Relief ] [Funding ] [Grants ] [Native American Affairs ] [Technology and Innovation ]
Grants emergency special temporary authority and provides funds to deploy wireless broadband service on tribal lands and Hawaiian home lands. Specifically, the bill directs the Federal Communications Commission (FCC) to grant emergency special temporary authority to Indian tribes, certain tribal entities, and the Department of Hawaiian Home Lands if they request such authority to use electromagnetic spectrum to provide wireless broadband service over tribal lands or Hawaiian home lands. The FCC must grant such emergency authority within 10 days (continued...)

  

Sponsored by: Rep. Raul M. Grijalva Introduced In House on 05/12/2020

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Federal
US Congress 116th Congress

Small Business Transparency and Reporting for the Underbanked and Taxpayers at Home Act TRUTH Act [HB-6782] [Small Business ] [Technology and Innovation ] [Budget and Spending ] [Funding ] [Grants ] [Public Health ] [Veterans ] [Economic Development ] [Data Privacy ] [Consumer Protection ]
Requires the Small Business Administration (SBA) to make information regarding economic relief measures implemented in response to COVID-19 (i.e., coronavirus disease 2019) publicly available. Specifically, with respect to the Paycheck Protection Program and economic injury disaster loans and emergency grants, the SBA must publish (1) the identity of each recipient of assistance and an explanation of the decision-making process underlying such disbursal; (2) the number of employees of each recipient and the date on which such assistance was disbursed; (continued...)

  

Sponsored by: Rep. Janice D. Schakowsky Ms. Velazquez Moved To Suspend The Rules And Pass The Bill, As Amended. on 05/28/2020

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Federal
US Congress 116th Congress

To establish requirements for funds appropriated to carry out the paycheck protection program, to require reporting on the use of such funds, and for other purposes. [HB-6758] [Small Business ] [Budget and Spending ] [Funding ] [Grants ] [Economic Development ] [Labor, Jobs, Employment ] [Public Health ]
Requires that specified amounts be set aside from funds appropriated to carry out the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), and it establishes requirements for processing program loan applications. The bill requires that $1 billion of program funds not otherwise obligated or expended be set aside for loan guarantees made by minority depository institutions and community development financial institutions. Further, for any future appropriations to carry out the (continued...)

  

Sponsored by: Rep. Sylvia Garcia Introduced In House on 05/08/2020

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Federal
US Congress 116th Congress

COVID–19 DISASTER in Indian Country Act COVID–19 Designation of Immediate Special Authority of Spectrum for Tribes’ Emergency Response in Indian Country Act [S.3666] [Telecommunications ] [Disaster Relief ] [Funding ] [Grants ] [Native American Affairs ] [Technology and Innovation ] [Public Health ] [Cybersecurity ] [Economic Development ]
Grants emergency special temporary authority and provides funds to deploy wireless broadband service on tribal lands and Hawaiian home lands. Specifically, the bill directs the Federal Communications Commission (FCC) to grant emergency special temporary authority to Indian tribes, certain tribal entities, and the Department of Hawaiian Home Lands if they request such authority to use electromagnetic spectrum to provide wireless broadband service over tribal lands or Hawaiian home lands. The FCC must grant such emergency authority within 10 days (continued...)

  

Sponsored by: Sen. Martin Heinrich Read Twice And Referred To The Committee On Indian Affairs. on 05/07/2020

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Federal
US Congress 116th Congress

Transparency and Oversight of COVID–19 Small Business Assistance Act [S.3604] [Small Business ] [Budget and Spending ] [Funding ] [Grants ] [Public Health ] [Economic Development ] [Labor, Jobs, Employment ] [Healthcare ] [Data Privacy ] [Consumer Protection ]
Requires the Small Business Administration (SBA) to report specified data on economic relief programs implemented in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the SBA must daily report the total number and dollar amount of loans or grants approved and disbursed under programs such as the paycheck protection program and the emergency grants program; daily report the amount of remaining authority and funds appropriated for such programs and an estimate of the date on which such funds will be depleted; weekly report the number (continued...)

  

Sponsored by: Sen. Jack Reed Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 05/05/2020

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Federal
US Congress 116th Congress

SOAR Act Startup Opportunity Accelerator Act of 2019 [S.2149] [Small Business ] [Grants ] [Funding ] [Economic Development ] [Construction ]
Requires the Small Business Administration to develop and implement a program to award cash grants of up to $100,000 to organizations that support new small businesses. These awards may be used for construction costs, space acquisition, and programmatic purposes, but they may not be used to provide capital or professional services to small businesses directly or through the subaward of funds. The organization must have the support of new small businesses as a primary purpose and be often classified as an accelerator. The term accelerator means an (continued...)

  

Sponsored by: Sen. Cory A. Booker Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 07/17/2019

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Federal
US Congress 116th Congress

To amend the CARES Act to establish a loan program to provide liquidity to eligible lenders for the purpose of providing loans under the Paycheck Protection Program, and for other purposes. [HB-6476] [Finance ] [Small Business ] [Budget and Spending ] [Funding ] [Grants ] [Economic Development ] [Law Enforcement ] [Public Safety ] [Disaster Relief ]
Requires, and provides funds for, the Department of the Treasury to establish a loan program that provides liquidity to community development financial institutions, small minority depository institutions, and rural banks participating in the Paycheck Protection Program created in response to the COVID-19 (i.e., coronavirus disease 2019) pandemic.

  

Sponsored by: Rep. Al Green Introduced In House on 04/10/2020

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Federal
US Congress 116th Congress

Securing the National Supply Chain Act of 2020 [HB-6443] [Taxes ] [Economic Development ] [Labor, Jobs, Employment ] [Small Business ] [Manufacturing ]
Provides various tax credits related to economically distressed zones, including a tax credit based on the amount of wages paid by an employer to employees in such a zone. The bill also establishes a procedure for state and local governments to apply for designation as an economically distressed zone.

  

Sponsored by: Rep. John Katko Introduced In House on 04/03/2020

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Federal
US Congress 116th Congress

ABLE Act of 2020 Assistance for Businesses and Local Economies Act [HB-6409] [Small Business ] [Labor, Jobs, Employment ] [Unemployment ] [Funding ] [Grants ] [Economic Development ] [Taxes ] [Public Health ]
Establishes the Emergency Social Insurance Program to coordinate and deliver direct payments to small businesses and workers affected by COVID-19 (i.e., coronavirus disease 2019). Specifically, the Social Security Administration and the Department of Labor shall assist participating states, through existing state agency mechanisms, to offer expanded unemployment insurance for workers who are unemployed or idle because of COVID-19. Through an agreement with Labor, participating states must provide temporary emergency COVID-19 unemployment or short-time (continued...)

  

Sponsored by: Rep. Janice D. Schakowsky Introduced In House on 03/27/2020

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Federal
US Congress 116th Congress

New Business Preservation Act [HB-6403] [Small Business ] [Economic Development ] [Funding ] [Grants ] [Investments ] [Technology and Innovation ] [Finance ] [Budget and Spending ]
Establishes and provides funding for the Innovation and Startups Equity Investment Program, through which the Department of the Treasury shall work with states to invest in new businesses. Specifically, the bill requires Treasury to provide certain funds to participating states, which such states shall use to administer specified approved programs that provide equity investment in new businesses. Certain areas with high levels of venture capital activity are excluded from the calculation of funds allocated to a participating state. Treasury shall (continued...)

  

Sponsored by: Rep. Tim Ryan Introduced In House on 03/26/2020

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Federal
US Congress 116th Congress

To require the Board of Governors of the Federal Reserve System to provide zero-interest loans to minority depository institutions and community development financial institutions to combat COVID-19, and for other purposes. [HB-6381] [Finance ] [Small Business ] [Community Development ] [Funding ] [Grants ] [Public Health ] [Economic Development ]
Requires the Federal Reserve Board to provide interest-free loans to small minority depository institutions and small community development financial institutions during the COVID-19 (i.e., coronavirus disease 2019) emergency period. The board must charge interest on these loans beginning 18 months after the end of the emergency period.

  

Sponsored by: Rep. Gregory W. Meeks Introduced In House on 03/24/2020

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Federal
US Congress 116th Congress

Take Responsibility for Workers and Families Act Workforce Emergency Response Act of 2020 [HB-6379] [Family-Related Legislation ] [Finance ] [Healthcare ] [Housing ] [Medicare and Medicaid ] [Taxes ] [Transportation and Motor Vehicles ] [Budget and Spending ] [Small Business ] [Consumer Protection ] [Education ] [Veterans ] [Public Health ] [Mental Health ] [Children and Youth ] [Economic Development ] [Elections ] [Funding ] [Grants ] [Human Services ] [Inflation ] [Pensions ] [Retirement ] [Student Loans ] [Labor, Jobs, Employment ] [Unemployment ] [Disaster Relief ]
Responds to the COVID-19 (i.e., coronavirus disease 2019) outbreak and its impact on the economy, public health, state and local governments, individuals, and businesses. The bill provides FY2020 supplemental appropriations for federal agencies to respond to the COVID-19 outbreak. The supplemental appropriations are designated as emergency spending, which is exempt from discretionary spending limits. In addition, the bill expands paid sick days, family and medical leave, unemployment compensation, and food assistance programs; provides economic (continued...)

  

Sponsored by: Rep. Nita M. Lowey Introduced In House on 03/23/2020

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Federal
US Congress 116th Congress

Take Responsibility for Workers and Families Act Workforce Emergency Response Act of 2020 [HB-6379] [Family-Related Legislation ] [Finance ] [Healthcare ] [Housing ] [Medicare and Medicaid ] [Taxes ] [Transportation and Motor Vehicles ] [Budget and Spending ] [Small Business ] [Consumer Protection ] [Education ] [Veterans ] [Public Health ] [Mental Health ] [Children and Youth ] [Economic Development ] [Elections ] [Funding ] [Grants ] [Human Services ] [Inflation ] [Pensions ] [Retirement ] [Student Loans ] [Labor, Jobs, Employment ] [Unemployment ] [Disaster Relief ]
Responds to the COVID-19 (i.e., coronavirus disease 2019) outbreak and its impact on the economy, public health, state and local governments, individuals, and businesses. The bill provides FY2020 supplemental appropriations for federal agencies to respond to the COVID-19 outbreak. The supplemental appropriations are designated as emergency spending, which is exempt from discretionary spending limits. In addition, the bill expands paid sick days, family and medical leave, unemployment compensation, and food assistance programs; provides economic (continued...)

  

Sponsored by: Rep. Nita M. Lowey Introduced In House on 03/23/2020

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