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HR 4343 111th Congress House

Minority Business Development Improvements Act of 2009

Official title: To establish in the Department of Commerce the Minority Business Development Program to provide qualified minority businesses with technical assistance, loan g… Show full official titleShow less

Official title: To establish in the Department of Commerce the Minority Business Development Program to provide qualified minority businesses with technical assistance, loan guarantees, and contracting opportunities, and for other purposes.

Introduced: March 9, 2010 See on congress.gov
Commerce Department of CommerceExecutive agency funding and structureGovernment lending and loan guaranteesMinority and disadvantaged businessesPublic contracts and procurement
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 22, 2010
Subcommittee Hearings Held.
Sep 22, 2010
Referred to the Subcommittee on Government Management, Organization, and Procurement.
Dec 16, 2009
Referred to House Oversight and Government Reform
Dec 16, 2009
Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, 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.
Dec 16, 2009
Referred to House Financial Services
Dec 16, 2009
Introduced in House
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 Latest action September 22, 2010

Subcommittee Hearings Held.

 Plain-English summary Congressional Research Service

Minority Business Development Improvements Act of 2009 - Requires the Director of the Minority Business Development Agency to establish the Minority Business Development Program to provide qualified minority businesses with technical assistance, loan guarantees, and contract procurement assistance. Outlines minority business qualification requirements for the Program, including that: (1) not less than 51% of the entity be directly and unconditionally owned by historically disadvantaged individuals; and (2) each officer or other individual exercising control over regular operations is a historically disadvantaged individual. Outlines specific types of technical assistance and loan guarantees authorized under the Program. Provides loan guarantee limits.

Authorizes the Director to enter into agreements for the fulfillment of federal procurement contracts by, and contracting opportunities for, qualified minority businesses. Provides contract limits.

Allows the Director to terminate a qualified minority business from the Program under specified circumstances.

 Related & companion bills 1
  • S 4026 Related bill Minority Business Development Improvements Act of 2010
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 7
All 7 Democratic 5
Pierluisi, Pedro
· Jun 10, 2010
 D
Green, Al
Texas · Apr 22, 2010
Sablan, Gregorio
· Mar 9, 2010
 D
Clarke, Yvette D.
New York · Mar 2, 2010
 D
Johnson, Henry C. "Hank"
Georgia · Feb 23, 2010
 D
Cohen, Steve
Tennessee · Jan 26, 2010
 D
Thompson, Bennie G.
Mississippi · Jan 26, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4343: Minority Business Development Improvements Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4343/
MLA
"H.R. 4343: Minority Business Development Improvements Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4343/.
Bluebook (legal)
H.R. 4343, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4343/.
Markdown link
[H.R. 4343: Minority Business Development Improvements Act of 2009](https://openamerica.io/bill/111-HR-4343/)
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