S. 607 · 115th Congress
Native American Business Incubators Program Act
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Passed the Senate without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 115th Congress ended.
D
UdallSponsor3 cosponsors · 3 D
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- Senate Introduced Mar 13, 2017
- Senate Passed Mar 22, 2018
Grant applicants may be institutions of higher education, private nonprofits, Native American tribes, or tribal nonprofits.
What it does: CRS summary · Passed Senate amended · Mar 22, 2018
Native American Business Incubators Program Act
(Sec. 4) This bill requires the Department of the Interior to establish a grant program in the Office of Indian Energy and Economic Development for establishing and operating business incubators that serve Native American communities. A business incubator is an organization that: (1) provides physical workspace and facilities resources to startups and established businesses, and (2) is designed to accelerate the growth and success of businesses through a variety of business support resources and services.
Grant applicants may be institutions of higher education, private nonprofits, Native American tribes, or tribal nonprofits.
Interior must issue a grant for a three-year term and may renew a grant for up to three more years.
Grant recipients must provide a nonfederal contribution of at least 25% of the annual grant disbursement each year or 33% of a grant renewal.
(Sec. 6) Interior must facilitate the establishment of relationships between grant recipients and educational institutions serving Native American communities.
(Sec. 7) Interior must coordinate with the Department of Agriculture, the Department of Commerce, the Department of the Treasury, and the Small Business Administration to ensure that grant recipients have the information and materials needed to provide Native American businesses and entrepreneurs with assistance in applying for federal business and entrepreneurial development programs.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Native American Business Incubators Program Act
Latest action (Nov 20, 2018): Placed on the Union Calendar, Calendar No. 808.
Policy area: Native Americans · Origin: Senate · Introduced: Mar 13, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- Senate Introduced Mar 13, 2017
- Senate Passed Mar 22, 2018
No recorded floor vote found.