113 HR 4063 IH: Growing Small Businesses Act of 2014 U.S. House of Representatives 2014-02-14 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 113th CONGRESS 2d Session H. R. 4063 IN THE HOUSE OF REPRESENTATIVES February 14, 2014 Mr. Payne (for himself and Mr. Rodney Davis of Illinois) introduced the following bill; which was referred to the Committee on Education and the Workforce A BILL To amend the Workforce Investment Act of 1998 to direct the Secretary of Labor to develop performance measures for individuals who receive entrepreneurial training as a part of any workforce investment activity, to create requirements for providers of workforce investment activities that offer entrepreneurial training, and for other purposes.

1.

Short title

This Act may be cited as the Growing Small Businesses Act of 2014.

2.

Performance measures for entrepreneurial training

(a)

In general

Section 136(i) of the Workforce Investment Act of 1998 (29 U.S.C. 2871(i)) is amended by adding at the end the following new paragraph: (4)

Entrepreneurship metric

The Secretary shall develop separate performance measures for individuals who receive entrepreneurial training as a part of any workforce investment activity funded under this subtitle.. (b)

Rulemaking

Not later than 6 months after the date of enactment of this Act, the Secretary of Labor shall initiate a rulemaking process to develop the performance measures described in section 136(i)(4) of the Workforce Investment Act of 1998 (29 U.S.C. 2871(i)(4)).

3.

Requirements for providers of workforce investment activities that offer entrepreneurial training

Section 134(d)(4) of the Workforce Investment Act of 1998 (29 U.S.C. 2864(d)(4)) is amended by adding at the end the following new subparagraph: (H)

Requirements for providers of entrepreneurial training services

(i)

In general

A provider of training services that offers entrepreneurial training services under this paragraph shall— (I)use intake tools that assess an individual’s suitability for referral to entrepreneurial training services; (II)submit a report to the local workforce investment board that includes the number of individuals who express interest in self-employment or starting a business and enroll entrepreneurial training services; and (III)develop partnerships with microbusiness development organizations that have demonstrated capacity to provide education, training, counseling, and coaching focused on helping new and low and moderate income entrepreneurs succeed. (ii)

Definitions

In this subparagraph— (I)the term microbusiness development organization means a nonprofit entity or a program administered by such an entity that provides services to disadvantaged or prospective entrepreneurs; and (II)the term low and moderate income entrepreneur means an entrepreneur located in a HUBZone (as defined in section 3(p) of the Small Business Act (15 U.S.C. 632(p))), an Urban Empowerment Zone or Urban Enterprise Community (as designated by the Secretary of the Department of Housing and Urban Development), a Rural Empowerment Zone or Rural Enterprise Community (as designated by the Secretary of the Department of Agriculture), an area of Low Income or Moderate Income (as recognized by the Federal Financial Institutions Examination Council), or a county with Persistent Poverty (as classified by the Economic Research Service of the Department of Agriculture)..