117 HR 8984 IH: Supporting Diverse Entrepreneurs Act U.S. House of Representatives 2024-07-10 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.

I118th CONGRESS2d SessionH. R. 8984IN THE HOUSE OF REPRESENTATIVESJuly 10, 2024Mr. Nickel (for himself and Ms. Adams) introduced the following bill; which was 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 concernedA BILLTo amend the Infrastructure Investment and Jobs Act to expand MBDA Business Centers near minority-serving institutions, and for other purposes.

1.

Short title

This Act may be cited as the Supporting Diverse Entrepreneurs Act.

2.

Expansion of MBDA Business Centers near minority-serving institutions

The Infrastructure Investment and Jobs Act (Public Law 117–58) is amended—(1)in section 100114(d)(1)(B)—(A)by redesignating clauses (ii) and (iii) as clauses (iii) and (iv), respectively; and(B)by inserting after clause (i) the following:(ii)an area that is in or near a historically Black college or university or other minority-serving institution (as such term is defined in section 100301); ; and(2)in section 100708, by striking 2025 and inserting 2024, and $125,000,000 for fiscal year 2025 and each fiscal year thereafter,.