HR 7844 · 116th Congress · Commerce

Community Economic Development Center Support Act of 2020

Introduced 2020-07-29· Sponsored by Rep. Panetta, Jimmy [D-CA-20]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.(2020-07-29)

Plain Language Summary

[AI summary unavailable — showing source text] Community Economic Development Center Support Act of 2020 This bill requires the Minority Business Development Agency to carry out a grant program for supplying financial and technical assistance, through eligible intermediaries, to minority-serving economic development organizations. Such organizations must provide services to benefit certain low- and moderate-income persons and small businesses with annual revenues of less than $500,000.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (8)

8 Democrats