US HB4387 | 2019-2020 | 116th Congress

Status

Spectrum: Bipartisan Bill
Status: Engrossed on October 22 2019 - 50% progression, died in committee
Action: 2019-10-22 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Provides statutory authority for the Growth Accelerator Fund Competition program within the Small Business Administration (SBA). Specifically, the bill requires the SBA, prioritizing small business concerns in underserved communities, to award prizes on a competitive basis to U.S. private entities that (1) assist small business concerns in accessing capital, mentors, and networking opportunities; and (2) advise small business concerns on topics such as market analysis, company strategy, revenue growth, and securing funding. The SBA must also develop metrics to evaluate the the program's effectiveness and benefits to the people of the United States that (1) are science-based and statistically driven, (2) reflect the SBA's mission, and (3) include factors relating to the program's economic impact.

Tracking Information

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Title

To establish Growth Accelerator Fund Competition within the Small Business Administration, and for other purposes.

Sponsors


History

DateChamberAction
2019-10-22SenateReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
2019-10-21HouseMotion to reconsider laid on the table Agreed to without objection.
2019-10-21HouseOn motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8277)
2019-10-21HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 4387.
2019-10-21HouseConsidered under suspension of the rules. (consideration: CR H8277-8278)
2019-10-21HouseMs. Velazquez moved to suspend the rules and pass the bill.
2019-10-17HousePlaced on the Union Calendar, Calendar No. 189.
2019-10-17HouseReported by the Committee on Small Business. H. Rept. 116-238.
2019-09-25HouseOrdered to be Reported by Voice Vote.
2019-09-25HouseCommittee Consideration and Mark-up Session Held.
2019-09-18HouseReferred to the House Committee on Small Business.
2019-09-18HouseIntroduced in House

Same As/Similar To

HB4109 (Related) 2019-07-30 - Referred to the House Committee on Small Business.

Subjects


US Congress State Sources


Bill Comments

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