3.0.0 3680 2023-01-12T17:52:29Z 2023-01-12T17:52:29Z Senate S S 2006-07-18 109 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2006-07-18T19:07:20Z 2006-07-18 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2006-07-18 Sponsor introductory remarks on measure. (CR S7762-7763) IntroReferral B00100 9 Library of Congress 2006-07-18 Introduced in Senate IntroReferral 10000 9 Library of Congress K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES N B001233 Sen. Bayh, Evan [D-IN] EVAN BAYH D IN 2006-07-19 False L000304 Sen. Lieberman, Joseph I. [D-CT] JOSEPH LIEBERMAN D CT I. 2006-07-26 False L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2006-07-31 False Commerce Authorization Congress Congressional reporting requirements Depressed areas Economic development Economics and Public Finance Executive reorganization Government Operations and Politics Government paperwork Governmental investigations Grants-in-aid Job creation Labor and Employment Small Business Administration Small business Standards Venture capital Commerce 00 2006-07-18 Introduced in Senate 2006-10-12T21:22:56Z Securing Equity for the Economic Development of Low Income Areas Act of 2006 - Amends the Small Business Investment Act of 1958 to direct the Administrator of the Small Business Administration (SBA) to select at least one company from each SBA geographic region when selecting companies to participate as New Markets Venture Capital companies.

Establishes in the Investment Division of the SBA the Office of New Markets Venture Capital.

Modifies the definition of low-income geographic area to reflect the new markets tax credit under the Internal Revenue Code.

Revises the formula for the amount of operational assistance grants for new markets venture capital companies.

]]> Securing Equity for the Economic Development of Low Income Areas Act of 2006 Display Title Securing Equity for the Economic Development of Low Income Areas Act of 2006 Official Title as Introduced A bill to amend the Small Business Investment Act of 1958 to reauthorize and expand the New Markets Venture Capital Program, and for other purposes. Introduced in Senate IS Short Titles as Introduced Securing Equity for the Economic Development of Low Income Areas Act of 2006 Introduced in Senate 2006-07-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s3680is/xml/BILLS-109s3680is.xml 2006-07-18 Read twice and referred to the Committee on Small Business and Entrepreneurship. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.