SEED Act of 2012

Summary

Supporting Entrepreneurial Economic Development Act of 2012 or the SEED Act of 2012 - Amends the Public Works and Economic Development Act of 1965 to prohibit a recipient of an economic adjustment grant from making, but permits a venture development organization to make, a grant, equity investment, or convertible loan to a private for-profit entity. Requires such an organization that assists a private for-profit entity with funds made available from an economic adjustment grant and that receives funds from such entity at any time as a result of such assistance to use such funds only to assist other private for-profit entities. Defines a "venture development organization" as a public entity or private, nonprofit entity that provides to an early-stage technology business, to promote the growth of that business: (1) financial investment or assistance acquiring financial investment, (2) expert mentoring, and (3) assistance to speed the commercialization of technology.

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

Timeline

1. 11 July 2012

   Introduced

   Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Services, 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. 11 July 2012

   Introduced

   Introduced in House

   Source: IntroReferral

3. 11 July 2012

   Introduced

   Introduced in House

   Source: IntroReferral

4. 12 July 2012

   Referred

   Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.

   Source: Committee

5. 31 July 2012

   Referred

   Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 11 July 2012 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 11 July 2012

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 11 July 2012

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 11 July 2012

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Carnahan, Russ [D-MO-3] · D · Sponsor
• Rep. Polis, Jared [D-CO-2] · D · Sponsor
• Rep. Honda, Michael M. [D-CA-15] · D · Sponsor
• Rep. Hinchey, Maurice D. [D-NY-22] · D · Sponsor
• ROBERT BRADY · D · Cosponsor
• Rep. Kind, Ron [D-WI-3] · D · Cosponsor
• Rep. Grijalva, Raúl M. [D-AZ-7] · D · Cosponsor
• · hsba00 · Standing
• · hspw00 · Standing

Related records

No cross-record relationships stored yet.