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United States · Bill · HR

H.R. 1432 (116th)

Minority Business Development Act of 2019

referredUnited States· United States Congress· EN

Introduced

28 February 2019

Last action

28 February 2019 · Introduced

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

Rep. McNerney, Jerry [D-CA-9], Rep. Barragán, Nanette Diaz [D-CA-44], Rep. Chu, Judy [D-CA-28], Rep. Rush, Bobby L. [D-IL-1], Rep. Young, Don [R-AK-At Large], Rep. Boyle, Brendan F. [D-PA-2], Rep. Cisneros, Gilbert Ray [D-CA-31], Rescom. González-Colón, Jenniffer [R-PR-At Large], Rep. Napolitano, Grace F. [D-CA-32], Rep. Haaland, Debra A. [D-NM-1], Rep. Evans, Dwight [D-PA-3], Rep. Bass, Karen [D-CA-37], Rep. Meng, Grace [D-NY-6], Del. Radewagen, Aumua Amata Coleman [R-AS-At Large], Rep. Cohen, Steve [D-TN-9], Rep. Beatty, Joyce [D-OH-3], Rep. Fletcher, Lizzie [D-TX-7], Sen. Kim, Andy [D-NJ], Rep. Houlahan, Chrissy [D-PA-6]

Subjects

Education

Source updated

3 January 2025

Education

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 28 February 2019

    Introduced

    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.

    Source: IntroReferral

  2. 28 February 2019

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 28 February 2019

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 28 February 2019

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 28 February 2019

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 28 February 2019

    Open at official source

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Sponsors

Related records

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Sources

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