S 2126 116th Congress Senate Commerce Business education Congressional oversight Higher education Minority and disadvantaged businesses Minority education Small business Veterans' education, employment, rehabilitation Women in business

PROMISE Act

Introduced: July 16, 2019 Introduced by: Scott, Tim Republican · South Carolina See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 16, 2019

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

Jul 16, 2019

Introduced in Senate

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Plain-English summary Congressional Research Service

Promoting Robust Opportunities for Minority Institutions and Strengthening Entrepreneurship Act or the PROMISE Act

This bill requires the Small Business Administration (SBA) to report on various aspects of its relationship with historically black colleges and universities (HBCUs), including

the number of small business development centers located at HBCUs,
the number of women's business centers and Veteran Business Outreach Centers that have partnerships with HBCUs, and
the number of hours of training and education provided by a program overseen by the Office of Entrepreneurial Development of the SBA to students and graduates of HBCUs.

In addition, the SBA is directed to promote entrepreneurship and small business opportunities at HBCUs by conducting outreach and providing access to programs, resources, and opportunities offered by the SBA.

What's happening now July 16, 2019

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

Bill text 1 version