Bill Sponsor
House Bill 4387
116th Congress(2019-2020)
To establish Growth Accelerator Fund Competition within the Small Business Administration, and for other purposes.
Active
Active
Passed House on Oct 21, 2019
Overview
Text
Introduced
Sep 18, 2019
Latest Action
Oct 22, 2019
Origin Chamber
House
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
4387
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
Democrat
New York
Republican
Minnesota
Republican
Pennsylvania
Democrat
Pennsylvania
House Votes (1)
Senate Votes (0)
checkPassed on October 21, 2019
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H8277)
Summary

This bill provides statutory authority for the Growth Accelerator Fund Competition program within the Small Business Administration (SBA).

Specifically, the bill requires the SBA, prioritizing small business concerns in underserved communities, to award prizes on a competitive basis to U.S. private entities that (1) assist small business concerns in accessing capital, mentors, and networking opportunities; and (2) advise small business concerns on topics such as market analysis, company strategy, revenue growth, and securing funding.

The SBA must also develop metrics to evaluate the the program's effectiveness and benefits to the people of the United States that (1) are science-based and statistically driven, (2) reflect the SBA's mission, and (3) include factors relating to the program's economic impact.

Text (4)
October 22, 2019
October 21, 2019
October 17, 2019
September 18, 2019
Actions (13)
10/22/2019
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
10/21/2019
Motion to reconsider laid on the table Agreed to without objection.
10/21/2019
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8277)
10/21/2019
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H8277)
10/21/2019
DEBATE - The House proceeded with forty minutes of debate on H.R. 4387.
10/21/2019
Considered under suspension of the rules. (consideration: CR H8277-8278)
10/21/2019
Ms. Velazquez moved to suspend the rules and pass the bill.
10/17/2019
Placed on the Union Calendar, Calendar No. 189.
10/17/2019
Reported by the Committee on Small Business. H. Rept. 116-238.
09/25/2019
Ordered to be Reported by Voice Vote.
09/25/2019
Committee Consideration and Mark-up Session Held.
09/18/2019
Referred to the House Committee on Small Business.
09/18/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:49:58 PM