H.R. 1226 · 117th Congress
Next Generation Entrepreneurship Corps Act
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CrowSponsor24 cosponsors · 20 D, 4 R
R
Balderson
EC
D
Case
EN
D
Norton
DP
D
Phillips
KR
D
Rice
MS
D
San Nicolas
DT
D
Titus
DT
D
Trone
AC
D
Craig
SP
D
Peters
DL
R
LaMalfa
MN
D
Newman
DE
D
Evans
RK
D
Kelly
TM
D
Malinowski
RW
R
Wittman
AD
D
Delgado
NW
D
Williams
MS
D
Sherrill
CH
D
Houlahan
CL
D
Lamb
SJ
D
Jackson Lee
AM
R
Mooney
SD
D
Davids8 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill establishes the Next Generation Entrepreneurship Corps Program to promote entrepreneurship in the most distressed regions of the United States, including those regions affected by COVID-19 (i.e., coronavirus disease 2019), by awarding participating fellows a two-year stipend to start and grow a new small business.
What it does: CRS summary · Introduced in House · Feb 23, 2021
Next Generation Entrepreneurship Corps Act
This bill establishes the Next Generation Entrepreneurship Corps Program to promote entrepreneurship in the most distressed regions of the United States, including those regions affected by COVID-19 (i.e., coronavirus disease 2019), by awarding participating fellows a two-year stipend to start and grow a new small business.
Fellows will receive (1) a $120,000, two-year stipend for living and basic startup expenses; (2) health care; and (3) interest-free federal student loan deferral for two years. Further, fellows shall receive mentorship from the Service Corps of Retired Executives and be matched with a full range of lenders, investors, and insurers.
The bill also establishes a fund in the Department of the Treasury from which the SBA may provide loans for qualified investors to support a small business owned and operated under the program by a fellow.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Next Generation Entrepreneurship Corps Act
Latest action (Feb 23, 2021): Referred to the Committee on Small Business, and in addition to the Committee on Education and Labor, 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 23, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.