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H.R. 5813 · 112th Congress

Ports as Small Business Incubators Act of 2012

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

JHD HahnSponsor

No cosponsors.

Ports as Small Business Incubators Act of 2012 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish the Ports as Small Business Incubators Program. Requires the Administrator to award grants of at least $300,000 and up to $500,000 to port authorities selected by the Administrator.

What it does: CRS summary · Introduced in House · May 17, 2012

Ports as Small Business Incubators Act of 2012 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish the Ports as Small Business Incubators Program. Requires the Administrator to award grants of at least $300,000 and up to $500,000 to port authorities selected by the Administrator.

Allows grant funds to be used only for the costs of providing selected small businesses with access to commercial real property. Requires each Program participant, in providing such access, to give a priority to small businesses owned and controlled by women, veterans, or socially and economically disadvantaged individuals, as well as those that the participant determines would create "green" jobs (jobs involving the development of clean energy and the improvement of air and water quality).

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Ports as Small Business Incubators Act of 2012

Latest action (May 17, 2012): Referred to the House Committee on Small Business.

Policy area: Commerce · Origin: House · Introduced: May 17, 2012

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.