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HR 8120 116th Congress House Commerce Congressional oversight Economic development Employment and training programs Government information and archives Small business

Increasing Opportunities for Small Businesses Act of 2020

Introduced: August 28, 2020 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
Aug 28, 2020
Referred to the House Committee on Small Business.
Aug 28, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

Increasing Opportunities for Small Businesses Act of 2020

This bill requires the Small Business Administration (SBA), through specified offices, centers, and programs, to train and educate field representatives on investments in areas designated as qualified opportunity zones.

Opportunity zone designation is an economic development tool that facilitates investment in distressed areas to spur economic growth and job creation in low-income communities.

Field representatives shall (1) serve as the point of contact for questions and resources on such investments, (2) educate local elected leaders on such investments, and (3) hold an annual seminar in each state to provide education on how to benefit from such investments.

The SBA must submit an annual report on the efforts of the field representatives.

What's happening now August 28, 2020

Referred to the House Committee on Small Business.

 Related & companion bills 1
  • S 5011 Related bill Economic Empowerment for Underserved Communities Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Timmons, William R.
South Carolina · Aug 28, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 8120: Increasing Opportunities for Small Businesses Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-8120/
MLA
"H.R. 8120: Increasing Opportunities for Small Businesses Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-8120/.
Bluebook (legal)
H.R. 8120, 116th Cong. (2026), https://openamerica.io/bill/116-HR-8120/.
Markdown link
[H.R. 8120: Increasing Opportunities for Small Businesses Act of 2020](https://openamerica.io/bill/116-HR-8120/)
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