3.0.0 5871 2023-01-11T13:21:52Z 2023-01-11T13:21:52Z House H HR 2010-07-27 111 hspw00 Transportation and Infrastructure Committee House Standing hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee Referred to 2010-07-28T16:09:56Z Referred to 2010-07-27T13:03:47Z hsba00 Financial Services Committee House Standing Referred to 2010-07-27T13:03:48Z 2010-07-28 hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee 1 House committee actions Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. Committee 2010-07-27 Referred to House Financial Services IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2010-07-27 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. IntroReferral H11100-A 9 Library of Congress 2010-07-27 Referred to House Transportation and Infrastructure IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2010-07-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-07-27 Introduced in House IntroReferral 1000 9 Library of Congress C001060 Rep. Carnahan, Russ [D-MO-3] Russ Carnahan D MO 3 N Transportation and Public Works Business investment and capital Economic development Government lending and loan guarantees Infrastructure development Small business State and local finance Transportation and Public Works 00 2010-07-27 Introduced in House 2010-12-01T19:39:31Z Supporting Entrepreneurial Economic Development Act or SEED Act - Amends the Public Works and Economic Development Act of 1965 to allow a recipient of an economic adjustment grant to directly expend or redistribute grant funds to public and private organizations in the form of non-debt financing of for-profit companies in business incubators.

Defines: (1) "business incubator" to mean an organization or entity, including an academic institution, established to foster the startup of businesses or accelerate the growth of fledgling companies by providing entrepreneurs with resources and services to produce viable businesses that can help create jobs and restore vitality to distressed areas; and (2) "non-debt financing" to mean funding used to help business incubators develop an idea and create the first product to be brought to market for the first time.

]]> SEED Act Display Title SEED Act Official Title as Introduced To amend the Public Works and Economic Development Act of 1965 to allow non-debt financing for for-profit companies in business incubators. Introduced in House IH Short Titles as Introduced SEED Act Short Titles as Introduced Supporting Entrepreneurial Economic Development Act Introduced in House 2010-07-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr5871ih/xml/BILLS-111hr5871ih.xml 2010-07-28 Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. 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.