3.0.0 1255 2023-03-08T20:12:35Z 2023-03-08T20:12:35Z Senate S 2021-04-20 117 sscm00 Commerce, Science, and Transportation Committee Senate Standing Referred to 2021-04-20T22:16:09Z Minority Business Resiliency Act of 2021 117 2689 HR 2021-06-23 Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23. Identical bill CRS Minority Business Development Act of 2021 117 2068 S 2021-12-17 Placed on Senate Legislative Calendar under General Orders. Calendar No. 228. Related bill CRS 2021-04-20 sscm00 Commerce, Science, and Transportation Committee Senate Read twice and referred to the Committee on Commerce, Science, and Transportation. IntroReferral 2021-04-20 Introduced in Senate IntroReferral 10000 9 Library of Congress C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD N C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2021-04-20 True P000145 Sen. Padilla, Alex [D-CA] Alex Padilla D CA 2021-04-20 True R000608 Sen. Rosen, Jacky [D-NV] Jacklyn Rosen D NV 2021-04-20 True S001191 Sen. Sinema, Kyrsten [D-AZ] Kyrsten Sinema D AZ 2021-04-20 True B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ 2021-04-20 True C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV 2021-04-20 True V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2021-04-20 True W000790 Sen. Warnock, Raphael G. [D-GA] Raphael Warnock D GA G. 2021-04-20 True F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2021-04-20 True W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2021-04-20 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2021-04-20 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2021-04-20 True L000570 Sen. Lujan, Ben Ray [D-NM] Ben Lujan D NM R. 2021-04-20 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2021-04-20 True S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN 2021-04-20 True M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2021-04-22 False S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2021-04-22 False C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2021-04-27 False D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL 2021-04-27 False B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2021-05-17 False M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2021-07-14 False Commerce Accounting and auditing Business education Business investment and capital Community life and organization Competitiveness, trade promotion, trade deficits Congressional oversight Department of Commerce Economic performance and conditions Education programs funding Employee hiring Executive agency funding and structure Federal officials Government information and archives Government studies and investigations Higher education Internet and video services Internet, web applications, social media Manufacturing Marketing and advertising Minority and disadvantaged businesses Public contracts and procurement Public-private cooperation Rural conditions and development Small business Social work, volunteer service, charitable organizations Tax-exempt organizations Teaching, teachers, curricula User charges and fees Commerce 00 2021-04-20 Introduced in Senate 2022-04-04T18:09:53Z Minority Business Resiliency Act of 2021

This bill permanently authorizes the Minority Business Development Agency (MBDA) and requires the MBDA to promote and administer programs that assist the development of minority business enterprises (MBEs).

Specifically, the bill requires the MBDA to (1) provide assistance to MBEs in domestic and foreign markets by making available specified resources, (2) promote the position of MBEs in local economies, and (3) collect data on the causes of MBE success or failure and research how economic conditions affect the development of MBEs.

The bill establishes formal processes for the MBDA Business Center Program and the MBDA Rural Business Center Program through which business centers provide programs and services to support MBEs.

The bill also establishes new initiatives to promote economic resiliency for minority businesses, including (1) an annual forum to review problems and programs relating to capital formation by MBEs, (2) a study and report on alternative financing solutions for MBEs, and (3) entrepreneurship education grants for certain institutions of higher education to develop and implement entrepreneurship curricula.

Further, the bill establishes grants for (1) certain nonprofit organizations that provide services to MBEs as one of their primary activities, and (2) MBEs for the purpose of supporting MBEs or helping MBEs remain in business.

The Government Accountability Office must report on the programs carried out pursuant to the bill.

]]> Minority Business Resiliency Act of 2021 Display Title Minority Business Resiliency Act of 2021 Official Title as Introduced A bill to require the Minority Business Development Agency of the Department of Commerce to promote and administer programs in the public and private sectors to assist the development of minority business enterprises, to ensure that such Agency has the necessary supporting resources, particularly during economic downturns, and for other purposes. Introduced in Senate IS Short Title(s) as Introduced Minority Business Resiliency Act of 2021 Introduced in Senate IS Introduced in Senate 2021-04-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s1255is/xml/BILLS-117s1255is.xml 2021-04-20 Read twice and referred to the Committee on Commerce, Science, and Transportation. 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.