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S 2850 113th Congress Senate Commerce Business investment and capital Government information and archives Small business

SOAR Act

Introduced: September 17, 2014 Introduced by: Booker, Cory A. Democratic · New Jersey See on congress.gov
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 2014
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sep 17, 2014
Sponsor introductory remarks on measure. (CR S5700-5701)
Sep 17, 2014
Introduced in Senate
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 Plain-English summary Congressional Research Service

Startup Opportunity Accelerator Act of 2014 or the SOAR Act - Amends the Small Business Act to require the Administrator of the Small Business Administration (SBA) to develop a program to award cash prizes of up to $50,000 to organizations in the United States whose primary purpose is to support new small businesses that have been in operation for five years or less.

Authorizes the use of a prize for construction costs, space acquisition, and programmatic purposes. Prohibits its use for capital or professional services to new small businesses.

Requires a prize recipient to provide assistance to at least 10 new small businesses per year.

What's happening now September 17, 2014

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 2850: SOAR Act. 113th Congress. Open America. https://openamerica.io/bill/113-S-2850/
MLA
"S. 2850: SOAR Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-S-2850/.
Bluebook (legal)
S. 2850, 113th Cong. (2026), https://openamerica.io/bill/113-S-2850/.
Markdown link
[S. 2850: SOAR Act](https://openamerica.io/bill/113-S-2850/)
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