US SB3197 | 2011-2012 | 112th Congress

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on May 17 2012 - 25% progression, died in committee
Action: 2012-05-17 - Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S3283-3286)
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Women's Small Business Ownership Act of 2012 - Amends the Small Business Act to direct the Office of Women's Business Ownership within the Small Business Administration (SBA) to address issues concerning the management, operations, manufacturing, technology, finance, retail and product sales, international trade, government contracting, and other disciplines required for starting, operating, and increasing the business of a small business. Authorizes the SBA Administrator to provide annual training for women's business ownership representatives to enable them to carry out such responsibilities. Authorizes the Administrator to provide financial assistance to qualifying entities to conduct projects designed to provide training and counseling meeting the needs of women business owners, especially socially and economically disadvantaged women business owners. Provides assistance amounts of at least $100,000 and up to $150,000 per year. Directs the Administrator to consult with each association of women's business centers to develop: (1) a training program for the staff of such centers, and (2) recommendations to improve the policies and procedures for governing the general operations and administration of the women's business center program. Outlines application and other requirements for entities to receive assistance to conduct such projects. Directs the Administrator to solicit applications and award grants for the first fiscal year beginning after the enactment of this Act, and every third fiscal year thereafter. Provides for the review and approval of grant applications, as well as conditions for continued funding. Allows for multiple awards to the same entities. Directs the Comptroller General (CG) to study and report to Congress on: (1) the unique economic issues facing women's business centers located in predominately rural, urban, or insular areas; and (2) SBA oversight of women's business centers.

Tracking Information

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Title

Women's Small Business Ownership Act of 2012

Sponsors


History

DateChamberAction
2012-05-17SenateRead twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S3283-3286)
2012-05-17SenateSponsor introductory remarks on measure. (CR S3281-3282)

Same As/Similar To

SB3442 (Related) 2012-11-29 - Committee on Small Business and Entrepreneurship. Hearings held.
SB3572 (Related) 2012-09-19 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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