S 5011
116th Congress
Senate
Commerce
Bank accounts, deposits, capital
Business investment and capital
Cardiovascular and respiratory health
Department of Commerce
Economic development
Economic performance and conditions
Emergency medical services and trauma care
Executive agency funding and structure
Federal officials
Government corporations and government-sponsored enterprises
Government lending and loan guarantees
Income tax credits
Income tax rates
Infectious and parasitic diseases
Inflation and prices
Manufacturing
Minority and disadvantaged businesses
Poverty and welfare assistance
Racial and ethnic relations
Economic Empowerment for Underserved Communities Act
Introduced: December 11, 2020
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 11, 2020
Read twice and referred to the Committee on Finance.
Dec 11, 2020
Introduced in Senate
Plain-English summary
Economic Empowerment for Underserved Communities Act
This bill provides economic assistance to small businesses impacted by COVID-19 (i.e., coronavirus disease 2019), including through (1) the designation of specified amounts for the Community Development Financial Institutions Fund, (2) the establishment of a Small Business and Domestic Production Recovery Investment Facility, and (3) the extension of the requirement that the Small Business Administration subsidize certain loan payments.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1