3.0.0 8120 2023-01-11T13:45:23Z 2023-01-11T13:45:23Z House HR 2020-08-28 116 [Congressional Record Volume 166, Number 151 (Friday, August 28, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BISHOP of North Carolina:H.R. 8120.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1The Congress shall have Power to . . . provide for the . .. general Welfare of the United States; . . . Article I,Section 8, Clause 3The Congress shall have Power . . . To regulate Commercewith foreign Nations, and among the several States, and withthe Indian Tribes.[Page H4311]]]> hssm00 Small Business Committee House Standing Referred to 2020-08-28T13:00:05Z Economic Empowerment for Underserved Communities Act 116 5011 S 2020-12-11 Read twice and referred to the Committee on Finance. Related bill CRS 2020-08-28 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2020-08-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-08-28 Introduced in House IntroReferral 1000 9 Library of Congress B001311 Rep. Bishop, Dan [R-NC-9] Dan Bishop R NC 9 N T000480 Rep. Timmons, William R. IV [R-SC-4] William Timmons R SC R. 4 2020-08-28 True Commerce Congressional oversight Economic development Employment and training programs Government information and archives Small business Commerce 00 2020-08-28 Introduced in House 2020-10-15T20:50:45Z Increasing Opportunities for Small Businesses Act of 2020

This bill requires the Small Business Administration (SBA), through specified offices, centers, and programs, to train and educate field representatives on investments in areas designated as qualified opportunity zones.

Opportunity zone designation is an economic development tool that facilitates investment in distressed areas to spur economic growth and job creation in low-income communities.

Field representatives shall (1) serve as the point of contact for questions and resources on such investments, (2) educate local elected leaders on such investments, and (3) hold an annual seminar in each state to provide education on how to benefit from such investments.

The SBA must submit an annual report on the efforts of the field representatives.

]]> Increasing Opportunities for Small Businesses Act of 2020 Display Title Increasing Opportunities for Small Businesses Act of 2020 Short Title(s) as Introduced Increasing Opportunities for Small Businesses Act of 2020 Introduced in House IH Official Title as Introduced To require the Small Business Administration to train representatives on the opportunity zone program, and for other purposes. Introduced in House IH Introduced in House 2020-08-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8120ih/xml/BILLS-116hr8120ih.xml 2020-08-28 Referred to the House Committee on Small Business. 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.