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Puerto Rico Task Force Economic Empowerment Act of 2017

Introduced: May 16, 2017 See on congress.gov
 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
 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.

What's happening now May 22, 2017

Referred to the Subcommittee on Health.

 Committees of jurisdiction 10