3.0.0 4931 2022-11-01T04:47:42Z 2022-11-01T04:47:42Z House HR 2019-10-30 116 [Congressional Record Volume 165, Number 172 (Wednesday, October 30, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. RYAN:H.R. 4931.Congress has the power to enact this legislation pursuantto the following:Article. I.Section. 8.To make all Laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States, or in any Department or Officer thereof.[Page H8679]]]> hspw00 Transportation and Infrastructure Committee House Standing hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee Referred to 2019-10-31T19:19:11Z Referred to 2019-10-30T14:00:39Z hsba00 Financial Services Committee House Standing Referred to 2019-10-30T14:00:44Z 2019-10-31 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 2019-10-30 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 2 House floor actions hsba00 Financial Services Committee 2019-10-30 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 2 House floor actions hspw00 Transportation and Infrastructure Committee 2019-10-30 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-10-30 Introduced in House IntroReferral 1000 9 Library of Congress R000577 Rep. Ryan, Tim [D-OH-13] TIM RYAN D OH 13 N N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2020-03-11 False Commerce Business investment and capital Congressional oversight Economic development Government Operations and Politics Performance measurement Commerce 00 2019-10-30 Introduced in House 2020-03-05T19:57:44Z Incubator Act of 2019

This bill requires the Department of Commerce to establish a grant program to provide financial assistance to support the growth and success of business incubators.

Commerce shall (1) award such grants competitively; (2) take into account factors such as population, unemployment level, and business creation metrics, as well as giving priority to applicants located in opportunity zones (low-income communities); and (3) award no more than $5 million to applicants in a single state and no more than $500,000 to a single grantee during a fiscal year. An entity receiving a grant may use the funds for operating expenses but may not use the funds for capital expenditures.

]]> Incubator Act of 2019 Display Title Incubator Act of 2019 Official Title as Introduced To establish a competitive grant program within the Department of Commerce to support nationwide growth and success of business incubators. Introduced in House IH Short Title(s) as Introduced Incubator Act of 2019 Introduced in House IH Introduced in House 2019-10-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr4931ih/xml/BILLS-116hr4931ih.xml 2019-10-31 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.