H.R. 4406 · 116th Congress

Small Business Development Centers Improvement Act of 2019

Stage
Passed a chamber
Introduced
2019-09-19
Latest action
2019-10-22 · Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Summary

Small Business Development Centers Improvement Act of 2019

This bill reauthorizes the Small Business Development Center Program through FY2023 and otherwise revises the program. Specifically, the bill (1) generally prohibits entities other than institutions of higher education from receiving grants under the program; (2) allows centers to collect fees related to partnerships or sponsorships; (3) authorizes centers to market their services directly to small businesses; and (4) modifies or establishes provisions related to program funding, operations, data collection, and reporting.