Minority Business Resiliency Act of 2021

3.0.0 2068 2022-12-31T05:28:04Z 2022-12-31T05:28:04Z Senate S 2021-06-15 117 sscm00 Commerce, Science, and Transportation Committee Senate Standing Reported by 2021-12-17T21:32:24Z Markup by 2021-08-04T14:00:04Z Referred to 2021-06-15T20:55:49Z 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. Related bill CRS Minority Business Resiliency Act of 2021 117 1255 S 2021-04-20 Read twice and referred to the Committee on Commerce, Science, and Transportation. Related bill CRS 2021-12-17 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 228. Calendars 2021-12-17 sscm00 Commerce, Science, and Transportation Committee Senate Committee on Commerce, Science, and Transportation. Reported by Senator Cantwell with an amendment in the nature of a substitute. Without written report. Committee 2021-12-17 Committee on Commerce, Science, and Transportation. Reported by Senator Cantwell with an amendment in the nature of a substitute. Without written report. Committee 14000 9 Library of Congress sscm00 Commerce, Science, and Transportation Committee 2021-08-04 sscm00 Commerce, Science, and Transportation Committee Senate Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably. Committee 2021-06-15 sscm00 Commerce, Science, and Transportation Committee Senate Read twice and referred to the Committee on Commerce, Science, and Transportation. IntroReferral 2021-06-15 Introduced in Senate IntroReferral 10000 9 Library of Congress C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD N S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2021-06-15 True C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2021-06-15 True W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2021-06-15 True B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2021-06-24 False C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2021-06-24 False 2022-11-16T20:24:00Z S. 2068, Minority Business Development Act of 2021 https://www.cbo.gov/publication/58782 As reported on December 17, 2021 Commerce Accounting and auditing Advisory bodies 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 2021-06-15 Introduced in Senate 2021-08-11T17:39:39Z Minority Business Development Act of 2021

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

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 certain nonprofit organizations that provide services to MBEs as one of their primary activities.

The bill authorizes the MBDA to coordinate federal government programs and operations that affect the establishment, preservation, and strengthening of socially or economically disadvantaged businesses.

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

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25 2021-12-17 Reported to Senate 2022-02-28T21:55:59Z Minority Business Development Act of 2021

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.

Further, the bill establishes grants for certain nonprofit organizations that provide services to MBEs as one of their primary activities.

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

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Minority Business Development 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 Display Title Minority Business Development Act of 2021 Short Title(s) as Introduced Minority Business Development Act of 2021 Introduced in Senate IS Short Title(s) as Reported to Senate Minority Business Development Act of 2021 S Senate Reported to Senate RS Reported to Senate 2021-12-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s2068rs/xml/BILLS-117s2068rs.xml Introduced in Senate 2021-06-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s2068is/xml/BILLS-117s2068is.xml 2021-12-17 Placed on Senate Legislative Calendar under General Orders. Calendar No. 228. 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.