H.R. 1432 · 116th Congress
Minority Business Development Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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McNerneySponsor18 cosponsors · 15 D, 3 R
D
Barragán
JC
D
Chu
BR
D
Rush
DY
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Young
BB
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Boyle
GC
D
Cisneros
DE
D
Evans
JG
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González-Colón
DH
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Haaland
GN
D
Napolitano
KB
D
Bass
GM
D
Meng
AA
R
Amata Radewagen
SC
D
Cohen
JB
D
Beatty
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Fletcher
AK
D
Kim
CH
D
Houlahan4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill permanently authorizes the Minority Business Development Administration to assist socially and economically disadvantaged business concerns.
What it does: CRS summary · Introduced in House · Feb 28, 2019
Minority Business Development Act of 2019
This bill permanently authorizes the Minority Business Development Administration to assist socially and economically disadvantaged business concerns.
Specifically, the bill redesignates the Minority Business Development Agency as the Minority Business Development Administration (MBDA). The MBDA shall (1) assist disadvantaged business concerns entering domestic and foreign markets by providing education and training, management and technological assistance, a skilled labor pool, and financial and marketing services; and (2) encourage such businesses to establish joint ventures and projects among themselves or in cooperation with public or private sector organizations.
In addition, the Securities and Exchange Commission must consult and cooperate with the MBDA to promote access by disadvantaged businesses to securities markets.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Minority Business Development Act of 2019
Latest action (Feb 28, 2019): Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Policy area: Commerce · Origin: House · Introduced: Feb 28, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.