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S. 2126 · 116th Congress

PROMISE Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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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.

TSR ScottSponsor
1 cosponsor · 1 D

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Promoting Robust Opportunities for Minority Institutions and Strengthening Entrepreneurship Act or the PROMISE Act

What it does: CRS summary · Introduced in Senate · Jul 16, 2019

Promoting Robust Opportunities for Minority Institutions and Strengthening Entrepreneurship Act or the PROMISE Act

This bill requires the Small Business Administration (SBA) to report on various aspects of its relationship with historically black colleges and universities (HBCUs), including

  • the number of small business development centers located at HBCUs,
  • the number of women's business centers and Veteran Business Outreach Centers that have partnerships with HBCUs, and
  • the number of hours of training and education provided by a program overseen by the Office of Entrepreneurial Development of the SBA to students and graduates of HBCUs.

In addition, the SBA is directed to promote entrepreneurship and small business opportunities at HBCUs by conducting outreach and providing access to programs, resources, and opportunities offered by the SBA.

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

About this bill and sources

Official title: PROMISE Act

Also known as: Promoting Robust Opportunities for Minority Institutions and Strengthening Entrepreneurship Act

Latest action (Jul 16, 2019): Read twice and referred to the Committee on Small Business and Entrepreneurship.

Policy area: Commerce · Origin: Senate · Introduced: Jul 16, 2019

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

No recorded floor vote found.