Minority Business Development Improvements Act of 2009

Summary

Minority Business Development Improvements Act of 2009 - Requires the Director of the Minority Business Development Agency to establish the Minority Business Development Program to provide qualified minority businesses with technical assistance, loan guarantees, and contract procurement assistance. Outlines minority business qualification requirements for the Program, including that: (1) not less than 51% of the entity be directly and unconditionally owned by historically disadvantaged individuals; and (2) each officer or other individual exercising control over regular operations is a historically disadvantaged individual. Outlines specific types of technical assistance and loan guarantees authorized under the Program. Provides loan guarantee limits. Authorizes the Director to enter into agreements for the fulfillment of federal procurement contracts by, and contracting opportunities for, qualified minority businesses. Provides contract limits. Allows the Director to terminate a qualified minority business from the Program under specified circumstances.

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Timeline

1. 16 December 2009

   Introduced

   Referred to House Financial Services

   Source: IntroReferral

2. 16 December 2009

   Introduced

   Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, 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

3. 16 December 2009

   Introduced

   Introduced in House

   Source: IntroReferral

4. 16 December 2009

   Introduced

   Introduced in House

   Source: IntroReferral

5. 22 September 2010

   Committee

   Subcommittee Hearings Held.

   Source: Committee

6. 22 September 2010

   Referred

   Referred to the Subcommittee on Government Management, Organization, and Procurement.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 16 December 2009 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 16 December 2009

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 December 2009

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 December 2009

  Open at official source

Sponsors

• BOBBY RUSH · D · Sponsor
• Rep. Cohen, Steve [D-TN-9] · D · Cosponsor
• Bennie Thompson · D · Cosponsor
• WM. CLAY · D · Cosponsor
• LUIS GUTIERREZ · D · Cosponsor
• Rep. Fattah, Chaka [D-PA-2] · D · Cosponsor
• Rep. Watson, Diane E. [D-CA-33] · D · Cosponsor
• Rep. Richardson, Laura [D-CA-37] · D · Cosponsor
• Rep. Johnson, Henry C. "Hank" [D-GA-4] · D · Cosponsor
• Rep. Edwards, Donna F. [D-MD-4] · D · Cosponsor
• JOHN LEWIS · D · Cosponsor
• Rep. Clarke, Yvette D. [D-NY-9] · D · Cosponsor
• Gregorio Sablan · D · Cosponsor
• Al Green · D · Cosponsor
• Rescom. Pierluisi, Pedro R. [D-PR-At Large] · D · Cosponsor
• · hsgo00 · Standing
• · hsba00 · Standing

Related records

• related to ← Minority Business Development Improvements Act of 2010