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    <updateDate>2023-01-11T13:43:48Z</updateDate>
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    <originChamber>Senate</originChamber>
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    <introducedDate>2020-12-11</introducedDate>
    <congress>116</congress>
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        <name>Finance Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred to</name>
            <date>2020-12-11T17:26:37Z</date>
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        <title>Increasing Opportunities for Small Businesses Act of 2020</title>
        <congress>116</congress>
        <number>8120</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2020-08-28</actionDate>
          <text>Referred to the House Committee on Small Business.</text>
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            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
        </relationshipDetails>
      </item>
      <item>
        <title>New Markets Tax Credit Extension Act of 2019</title>
        <congress>116</congress>
        <number>750</number>
        <type>S</type>
        <latestAction>
          <actionDate>2019-03-12</actionDate>
          <text>Read twice and referred to the Committee on Finance.</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
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      <item>
        <actionDate>2020-12-11</actionDate>
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            <systemCode>ssfi00</systemCode>
            <name>Finance Committee</name>
          </item>
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        <sourceSystem>
          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Finance.</text>
        <type>IntroReferral</type>
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        <actionDate>2020-12-11</actionDate>
        <text>Introduced in Senate</text>
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        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
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        <bioguideId>L000594</bioguideId>
        <fullName>Sen. Loeffler, Kelly [R-GA]</fullName>
        <firstName>Kelly</firstName>
        <lastName>Loeffler</lastName>
        <party>R</party>
        <state>GA</state>
        <isByRequest>N</isByRequest>
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    </sponsors>
    <cosponsors>
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        <bioguideId>C000880</bioguideId>
        <fullName>Sen. Crapo, Mike [R-ID]</fullName>
        <firstName>Mike</firstName>
        <lastName>Crapo</lastName>
        <party>R</party>
        <state>ID</state>
        <sponsorshipDate>2020-12-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>R000595</bioguideId>
        <fullName>Sen. Rubio, Marco [R-FL]</fullName>
        <firstName>Marco</firstName>
        <lastName>Rubio</lastName>
        <party>R</party>
        <state>FL</state>
        <sponsorshipDate>2020-12-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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    </cosponsors>
    <policyArea>
      <name>Commerce</name>
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    <subjects>
      <legislativeSubjects>
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          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Business investment and capital</name>
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        <item>
          <name>Cardiovascular and respiratory health</name>
        </item>
        <item>
          <name>Department of Commerce</name>
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        <item>
          <name>Economic development</name>
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        <item>
          <name>Economic performance and conditions</name>
        </item>
        <item>
          <name>Emergency medical services and trauma care</name>
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        <item>
          <name>Executive agency funding and structure</name>
        </item>
        <item>
          <name>Federal officials</name>
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        <item>
          <name>Government corporations and government-sponsored enterprises</name>
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        <item>
          <name>Government lending and loan guarantees</name>
        </item>
        <item>
          <name>Income tax credits</name>
        </item>
        <item>
          <name>Income tax rates</name>
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        <item>
          <name>Infectious and parasitic diseases</name>
        </item>
        <item>
          <name>Inflation and prices</name>
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        <item>
          <name>Manufacturing</name>
        </item>
        <item>
          <name>Minority and disadvantaged businesses</name>
        </item>
        <item>
          <name>Poverty and welfare assistance</name>
        </item>
        <item>
          <name>Racial and ethnic relations</name>
        </item>
        <item>
          <name>Religion</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Commerce</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2020-12-11</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2021-01-21T17:41:19Z</updateDate>
        <text><![CDATA[ <p><b>Economic Empowerment for Underserved Communities Act</b></p> <p>This bill provides economic assistance to small businesses impacted by COVID-19 (i.e., coronavirus disease 2019), including through (1) the designation of specified amounts for the Community Development Financial Institutions Fund, (2) the establishment of a Small Business and Domestic Production Recovery Investment Facility, and (3) the extension of the requirement that the Small Business Administration subsidize certain loan payments. </p>]]></text>
      </summary>
    </summaries>
    <title>Economic Empowerment for Underserved Communities Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Economic Empowerment for Underserved Communities Act</title>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Economic Empowerment for Underserved Communities Act</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to codify the Minority Business Development Agency of the Department of Commerce, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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        <type>Introduced in Senate</type>
        <date>2020-12-11T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-116s5011is/xml/BILLS-116s5011is.xml</url>
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        </formats>
      </item>
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    <latestAction>
      <actionDate>2020-12-11</actionDate>
      <text>Read twice and referred to the Committee on Finance.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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