Senate Bill 2126
116th Congress(2019-2020)
PROMISE Act
Introduced
Introduced
Introduced in Senate on Jul 16, 2019
Overview
Text
Sponsor
Introduced
Jul 16, 2019
Latest Action
Jul 16, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2126
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
South Carolina
Delaware
No Senate votes have been held for this bill.
Summary

Promoting Robust Opportunities for Minority Institutions and Strengthening Entrepreneurship Act or the PROMISE Act

This bill requires the Small Business Administration (SBA) to report on various aspects of its relationship with historically black colleges and universities (HBCUs), including

  • the number of small business development centers located at HBCUs,
  • the number of women's business centers and Veteran Business Outreach Centers that have partnerships with HBCUs, and
  • the number of hours of training and education provided by a program overseen by the Office of Entrepreneurial Development of the SBA to students and graduates of HBCUs.

In addition, the SBA is directed to promote entrepreneurship and small business opportunities at HBCUs by conducting outreach and providing access to programs, resources, and opportunities offered by the SBA.

Text (1)
Actions (2)
07/16/2019
Read twice and referred to the Committee on Small Business and Entrepreneurship.
07/16/2019
Introduced in Senate
Public Record
Created
Jul 17, 2019 4:42:09 AM
Updated
Mar 18, 2020 4:57:26 AM