United States · Bill · HR
H.R. 1432 (116th)
Minority Business Development Act of 2019
Introduced
28 February 2019
Last action
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Status
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.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
Summary
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.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 28 February 2019
Introduced in House (PDF)
Introduced in House · EN · 28 February 2019
Introduced in House
summary · EN · 28 February 2019
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/1432
- Open data entity: https://api.congress.gov/v3/bill/116/hr/1432