Innovation Centers Acceleration Act

Summary

Innovation Centers Acceleration Act This bill provides a program to advance economic development by designating nine cities as innovation centers—increasing funding for research and development—and providing and modifying certain related grants. It also establishes the Innovation Center Selection Committee to designate these cities. The innovation center designation entitles participating cities—and the businesses, research institutions, and other organizations that operate within them—to various federal funding and benefits for research activities, business and workforce development, and transportation infrastructure projects. These benefits include expanding various tax credits and incentives for businesses. The bill also makes it easier for those businesses to access loans and other financial instruments to raise capital. In addition, the bill establishes a grant program for local and tribal governments that partner with innovation centers to develop and preserve affordable housing. It also modifies existing grants, loans, and other programs that support transportation infrastructure to specifically target initiatives in innovation centers.

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Timeline

1. 12 November 2020

   Introduced

   Referred to the Committee on Science, Space, and Technology, and in addition to the Committees on Small Business, Education and Labor, Energy and Commerce, Transportation and Infrastructure, Ways and Means, and 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. 12 November 2020

   Introduced

   Introduced in House

   Source: IntroReferral

3. 12 November 2020

   Introduced

   Introduced in House

   Source: IntroReferral

4. 13 November 2020

   Referred

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

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 12 November 2020 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 12 November 2020

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 12 November 2020

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 12 November 2020

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  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. Morelle, Joseph D. [D-NY-25] · D · Sponsor
• Rep. Sewell, Terri A. [D-AL-7] · D · Sponsor
• Rep. Case, Ed [D-HI-1] · D · Sponsor
• Rep. Haaland, Debra A. [D-NM-1] · D · Cosponsor
• Rep. Foster, Bill [D-IL-11] · D · Cosponsor
• Rep. Phillips, Dean [D-MN-3] · D · Cosponsor
• Rep. Thompson, Bennie G. [D-MS-2] · D · Cosponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Cosponsor
• · hspw00 · Standing
• · hsba00 · Standing
• · hswm00 · Standing
• · hsif00 · Standing
• · hsed00 · Standing
• · hssm00 · Standing
• · hssy00 · Standing

Related records

• related to → Innovation Centers Acceleration Act
• related to → Innovation Centers Acceleration Act