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HR 3633 116th Congress House Commerce Administrative law and regulatory procedures Business investment and capital Minority and disadvantaged businesses Public contracts and procurement Small Business Administration Small business Women in business

Women and Minority Equity Investment Act of 2019

Introduced: July 9, 2019 Introduced by: Kelly, Robin L. Democratic · Illinois See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 9, 2019
Referred to the House Committee on Small Business.
Jul 9, 2019
Introduced in House
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 Plain-English summary Congressional Research Service

Women and Minority Equity Investment Act of 2019

This bill modifies eligibility requirements for Small Business Administration (SBA) contracting opportunities available to a woman- or minority-owned business.

Currently, to be eligible for certain SBA programs, a woman or minority business owner must own an unconditional majority (at least 51%) of their business. However, the bill allows a woman- or minority-owned small business to maintain its contracting eligibility in the event a venture capital or private equity firm purchases an ownership stake in the business, so long as the purchasing enterprise is also owned by either a woman or minority.

What's happening now July 9, 2019

Referred to the House Committee on Small Business.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Beatty, Joyce
Ohio · Feb 11, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3633: Women and Minority Equity Investment Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-3633/
MLA
"H.R. 3633: Women and Minority Equity Investment Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-3633/.
Bluebook (legal)
H.R. 3633, 116th Cong. (2026), https://openamerica.io/bill/116-HR-3633/.
Markdown link
[H.R. 3633: Women and Minority Equity Investment Act of 2019](https://openamerica.io/bill/116-HR-3633/)
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