HR 6237 · 112th Congress · Commerce
Main Street Stabilization Act of 2012
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Small Business.(2012-07-31)
Plain Language Summary
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Main Street Stabilization Act of 2012 - Directs the Small Business Administration (SBA) to establish a grant program for small business development centers. Requires program funding to be used for: (1) the development of business advisory capacity, (2) the development of online tools and resources for struggling small businesses, (3) the deployment of additional resources to help industry sectors with a high presence of small businesses, and (4) the development of a listing of financing options for small business capital access. Prohibits the SBA from awarding an entity under this Act more than $250,000 in grant funds.…
Summarized by Claude AI · Non-partisan · For informational purposes only