S 1191
110th Congress
Senate
Commerce
Economics and Public Finance
Grants-in-aid
Manufacturing industries
New products
Product development
Revolving funds
Small business
Growth Opportunity Act of 2007
Introduced: April 24, 2007
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 25, 2007
Sponsor introductory remarks on measure. (CR S5015)
Apr 24, 2007
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Apr 24, 2007
Introduced in Senate
Plain-English summary
Growth Opportunity Act of 2007 - Authorizes the Secretary of Commerce to award grants to states to establish revolving loan funds to provide loans to small manufacturers (less than $50 million in annual sales) for new product development. Limits grants to $10 million each and requires states to contribute at least 25% of the grant funds provided.
What's happening now
Sponsor introductory remarks on measure. (CR S5015)
Committees of jurisdiction
1