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H.R. 2429 115th Congress House

Puerto Rico Task Force Economic Empowerment Act of 2017

Official title: To support businesses in Puerto Rico, improve health funding for Puerto Rico, and promote security in Puerto Rico, and for other purposes.

Introduced: May 16, 2017 See on congress.gov
Government Operations and Politics AppropriationsBanking and financial institutions regulationBorder security and unlawful immigrationBusiness education
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Caribbean areaCensus and government statisticsCongressional oversightCriminal justice information and recordsDepartment of LaborDisaster relief and insuranceDrug trafficking and controlled substancesEmployee hiringEmployment and training programsExecutive agency funding and structureFinancial services and investmentsForeign laborGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigationsHealth care qualityHealth programs administration and fundingHealth promotion and preventive careHospital careImmigration status and proceduresInfectious and parasitic diseasesInflation and pricesInterest, dividends, interest ratesLaw enforcement administration and fundingMedicaidMedicarePerformance measurementPrescription drugsPublic contracts and procurementPuerto RicoSecuritiesSmall Business AdministrationSmall businessState and local financeTravel and tourismU.S. territories and protectoratesUnemploymentUser charges and feesVeterans' education, employment, rehabilitationVirgin Islands
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2017
Referred to the Subcommittee on Health.
May 19, 2017
Referred to the Subcommittee on Health.
May 16, 2017
Referred to the Committee on Small Business, and in addition to the Committees on Financial Services, Ways and Means, Energy and Commerce, the Judiciary, Oversight and Government Reform, Education and the Workforce, and Appropriations, 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.
May 16, 2017
Introduced in House
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 Latest action May 22, 2017

Referred to the Subcommittee on Health.

 Plain-English summary Congressional Research Service

Puerto Rico Task Force Economic Empowerment Act of 2017

Puerto Rico Opportunity, Small Business Prosperity, and Economic Revitalization Act of 2017

This bill amends the Small Business Act to modify requirements for the microloan program for Puerto Rico small businesses and increase access to capital for such program.

The Small Business Administration shall establish: (1) a Veteran Business Outreach Center in Puerto Rico, and (2) a temporary Federal and State Technology (FAST) grant program to provide assistance to Puerto Rico businesses.

The bill amends the Investment Company Act of 1940 to apply the oversight requirements of that Act to investment companies in U.S. territories.

The bill includes Puerto Rico in the Department of Labor reemployment demonstration projects grant program.

For FY2018, Labor may transfer funding to the Bureau of Labor Statistics for feasibility studies of the Puerto Rico economy.

The bill amends Social Security Act provisions affecting hospitals in Puerto Rico and health care and prescription drug coverage in U.S. territories.

The Office of National Drug Control Policy shall develop a publicly available Caribbean Border Counternarcotics Strategy, with emphasis on the borders of Puerto Rico and the U.S. Virgin Islands.

 Related & companion bills 8
  • S 526 Microloan Modernization Act of 2018
  • HR 1091 Flexibility to Promote Reemployment Act
  • HR 1366 U.S. Territories Investor Protection Act of 2017
  • S 154 Small Business Relief From Disease Induced Economic Hardship Act of 2017
  • S 484 U.S. Territories Investor Protection Act of 2017
  • HR 4319 Fairness to Veterans for Infrastructure Investment Act of 2017
  • HR 5178 Puerto Rico Small Business Contracting Assistance Act of 2018
  • HR 2488 Puerto Rico Small Business Assistance Act of 2017
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 10
 Cosponsors 6
All 6 Democratic 4 Republican 1
D
Espaillat, Adriano
New York · Oct 25, 2017
 D
Evans, Dwight
Pennsylvania · Oct 25, 2017
 R
Smucker, Lloyd
Pennsylvania · Oct 25, 2017
 D
Soto, Darren
Florida · Oct 25, 2017
Duffy, Sean
· May 16, 2017
 D
Velázquez, Nydia M.
New York · May 16, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2429: Puerto Rico Task Force Economic Empowerment Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-2429/
MLA
"H.R. 2429: Puerto Rico Task Force Economic Empowerment Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-2429/.
Bluebook (legal)
H.R. 2429, 115th Cong. (2026), https://openamerica.io/bill/115-HR-2429/.
Markdown link
[H.R. 2429: Puerto Rico Task Force Economic Empowerment Act of 2017](https://openamerica.io/bill/115-HR-2429/)
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