Top Legislation - View All

Latest Action: 04/12/2007 - Sponsor introductory remarks on measure. (CR S4439-4440)

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A bill to reward the hard work and risk of individuals who choose to live in and help preserve America's small, rural towns, and for other purposes. 4/12/2007--Introduced. New Homestead Act of 2007 - Directs the Secretary of Education to repay a specified percentage (up to $2,000 per year) of certain education loans to an individual who completes a degree and both resides and is employed for at least five years in an area outside a metropolitan statistical area which for 20 years has a net out-migration of inhabitants of at least 10% of the county population (qualifying county). Amends the Internal Revenue Code to allow a: (1) tax credit for the lesser of $5,000 or 10% of the purchase price of a principal residence in a qualifying county; and (2) capital loss deduction with respect to a sale or exchange of a principal residence in a qualifying county. Provides for the creation of tax-exempt individual homestead accounts, funded by individual cash contributions and matching [...]

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Latest Action: 05/24/2007 - Sponsor introductory remarks on measure. (CR S6890-6891)

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A bill to provide information, resources, recommendations, and funding to help State and local law enforcement enact crime prevention and intervention strategies supported by rigorous evidence. 5/24/2007--Introduced. Prevention Resources for Eliminating Criminal Activity Using Tailored Interventions in Our Neighborhoods Act of 2007 or the PRECAUTION Act - Establishes the National Commission on Public Safety Through Crime Prevention to: (1) carry out a comprehensive study of the effectiveness of certain crime and delinquency prevention and intervention strategies: and (2) make initial and final reports on such strategies to specified federal and state officials. Exempts such Commission from the Federal Advisory Committee Act.Authorizes the Director of the National Institute of Justice to make three-year grants to public and private entities for the implementation and evaluation of innovative crime or delinquency prevention or intervention strategies.Amends the [...]

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Latest Action: 10/16/2007 - Committee on Small Business and Entrepreneurship. Reported by Senator Kerry with an amendment in the nature of a substitute. With written report No. 110-199.

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A bill to amend the Small Business Investment Act of 1958 to reauthorize the venture capital program, and for other purposes. 10/16/2007--Reported to Senate amended.    (There is 1 other summary) Small Business Venture Capital Act of 2007 - Title I: Small Business Investment Company Program - (Sec. 101) Amends the Small Business Act to reauthorize for FY2007-FY2010 the venture capital program under the Small Business Investment Act of 1958 (a program under which small business investment companies (SBICs) provide capital financing to small businesses). (Sec. 102) Amends the latter Act to increase the maximum amounts of outstanding leverage made available to: (1) any one SBIC; (2) two or more SBICs that are commonly controlled; and (3) SBICs that invest in women-owned or minority businesses or in businesses in low-income areas. (Sec. 103) Requires each SBIC, as a condition of an application for leverage, to certify that not less than [...]

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Latest Action: 06/26/2007 - Committee on Small Business and Entrepreneurship. incorporated into measure S. 1662 ordered to be reported.

Bill Text
A bill to amend the Small Business Investment Act of 1958 to reauthorize the New Markets Venture Capital Program, and for other purposes.

6/19/2007--Introduced.

Securing Equity for the Economic Development of Low Income Areas Act of 2007 or SEED Act - Amends the Small Business Investment Act of 1958 to direct the Administrator of the Small Business Administration (SBA) to select at least one company from each SBA geographic region when selecting companies to participate as New Markets Venture Capital companies.

Establishes in the Investment Division of the SBA the Office of New Markets Venture Capital.

Modifies the definition of low-income geographic area to reflect the new markets tax credit under the Internal Revenue Code.

Revises the formula for the amount of operational assistance grants for new markets venture capital companies.

Latest Action: 03/27/2007 - Referred to the House Committee on Small Business.

Bill Text
To amend the Small Business Investment Act of 1958 to reauthorize and expand the New Markets Venture Capital Program, and for other purposes. 3/27/2007--Introduced. Securing Equity for the Economic Development of Low Income Areas Act of 2007 - Amends the Small Business Investment Act of 1958 to direct the Administrator of the Small Business Administration (SBA), in selecting companies to participate in the New Markets Venture Capital Program (Program), to select at least one company from each geographic region of the SBA. Requires (currently, authorizes) the Administrator to make grants to such companies to be used for loans to new-market small businesses, and to guarantee debentures issued by such companies. Establishes the Office of New Markets Venture Capital, headed by a Director, to administer the Program. Revises the definition of "low income geographic area" for Program eligibility purposes. Requires a study by the SBA's Chief Counsel [...]

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Latest Action: 04/25/2008 - Referred to the Subcommittee on Conservation, Credit, Energy, and Research.

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To ensure that the United States leads the world baseline in developing and manufacturing next generation energy technologies, to grow the economy of the United States, to create new highly trained, highly skilled American jobs, to eliminate American overdependence on foreign oil, and to address the threat of global warming. 6/21/2007--Introduced. New Apollo Energy Act of 2007 - Directs the President, when formulating and enforcing national energy policy, to consider the New Apollo Energy Act Performance Goals established by this Act. Advanced Design in Energy for Living Efficiently Act of 2007 - Sets forth requirements governing building enterprises, including: (1) green building design; (2) reduced carbon emissions in new buildings; (3) high-performance school buildings and green building; and (4) energy efficiency increases and carbon emission reductions in federal agencies. Amends the Internal Revenue Code to: (1) create an energy tax credit for combined [...]

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Latest Action: 04/26/2007 - Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S5255-5257 text as passed Senate: CR S5256-5257 text of measure as introduced: CR S5222)

Bill Text
A resolution honoring the entrepreneurial spirit of small business concerns in the United States during National Small Business Week, beginning April 22, 2007. 4/26/2007--Passed Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Honors the entrepreneurial spirit of small businesses during National Small Business Week beginning April 22, 2007. Applauds the efforts and achievements of small business owners and their employees. Recognizes the work of the Small Business Administration (SBA) and its resource partners in providing assistance to entrepreneurs and small businesses. Urges the President to ensure that: (1) applicable small business procurement goals are reached by federal agencies; (2) SBA guaranteed loans and venture capital are made available to all qualified small businesses; (3) SBA management assistance [...]

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Latest Action: 02/15/2007 - Became Public Law No: 110-4.

Bill Text
An act to provide for an additional temporary extension of programs under the Small Business Act and the Small business Investment Act of 1958 through July 31, 2007, and for other purposes.

2/15/2007--Public Law.    (There are 3 other summaries)

(This measure has not been amended since it was passed by the Senate on February 1, 2007. The summary of that version is repeated here.)

Extends through July 31, 2007, under the same terms and conditions, the authorization for any program, authority, or provision, including any pilot program, that is currently authorized through February 2, 2007, under the Small Business Act or the Small Business Investment Act of 1958.

Latest Action: 09/28/2007 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill Text
To amend the Small Business Investment Act of 1958 to expand opportunities for investments in small businesses, and for other purposes. 9/27/2007--Passed House amended.    (There are 2 other summaries) Small Business Investment Expansion Act of 2007 - Title I: Small Business Investment Company Program - (Sec. 101) Amends the Small Business Investment Act of 1958 to increase the maximum amounts of outstanding leverage made available by the Small Business Administration (SBA) to: (1) any one small business investment company (SBIC) which provides loans to small businesses; and (2) two or more SBICs that are commonly controlled. (Sec. 102) Increases the total amount of debentures and participating securities issued by an SBIC that may be guaranteed by the SBA in the case of an SBIC that certifies that not less than 50% of its aggregate investments will be made in small businesses that are either: (1) majority owned by socially or economically [...]

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Latest Action: 09/17/2008 - Hearing Held by Subcommittee on Technology and Innovation Prior to Introduction and Referral (June 26, 2007)..

Bill Text
To amend the Small Business Act to improve the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program, and for other purposes. 4/23/2008--Passed House amended.    (There are 2 other summaries) SBIR/STTR Reauthorization Act - Title I: Modernizing the SBIR and STTR Programs - (Sec. 101) Amends the Small Business Act to extend through FY2010 (currently scheduled to expire at the end of FY2008) the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs of the Small Business Administration (SBA). (Sec. 102) Increases, for both the SBIR and STTR programs, the individual small business award levels from: (1) $100,000 to $300,000, for participation at a Phase One level; and (2) $750,000 to $2.2 million, for participation at a Phase Two level. Allows participating federal agencies (agencies) to exceed such award levels if such agencies notify, and provide [...]

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Latest Legislation - View All

Latest Action: 08/22/2008 - Committee on Small Business and Entrepreneurship. Reported by Senator Kerry under authority of the order of the Senate of 08/01/2008 without amendment. With written report No. 110-447.

Bill Text
A bill to reauthorize and improve the SBIR and STTR programs, and for other purposes. 8/22/2008--Reported to Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) SBIR/STTR Reauthorization Act of 2008 - Title I: Reauthorization of the SBIR and STTR Programs - (Sec. 101) Amends the Small Business Act (the Act) to reauthorize through: (1) FY2022 the Small Business Innovation Research (SBIR); and (2) FY2023 the Small Business Technology Transfer (STTR) programs of the Small Business Administration (SBA). (Sec. 102) Directs the SBA to maintain an Office of Technology to carry out oversight, reporting, and public database responsibilities as assigned by the SBA Administrator. (Sec. 103) Increases by 0.1% per year, from FY2010-FY2019, the percentage of participating federal agencies' extramural [...]

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Latest Action: 05/15/2008 - Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill Text
A bill to provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958, and for other purposes.

5/15/2008--Introduced.

Extends through March 20, 2009, under the same terms and conditions, the authorization for any program, authority, or provision, including any pilot program, that is currently authorized through May 23, 2008, under the Small Business Act or the Small Business Investment Act of 1958.

Latest Action: 05/23/2008 - Presented to President.

Bill Text
A bill to provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958, and for other purposes.

5/23/2008--Public Law.    (There are 3 other summaries)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Extends through March 20, 2009, under the same terms and conditions, the authorization for any program, authority, or provision, including any pilot program, that is currently authorized through May 23, 2008, under the Small Business Act or the Small Business Investment Act of 1958.

Latest Action: 04/28/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 720.

Bill Text
A bill to reauthorize and improve the financing and entrepreneurial development programs of the Small Business Administration, and for other purposes. 4/24/2008--Introduced. SBA Reauthorization and Improvement Act of 2008 - Amends the Small Business Act (the Act) to reauthorize for FY2008-FY2010 certain small business assistance programs of the Small Business Administration (SBA), including: (1) the microloan program (loans made to very small businesses for start-up, expansion, or equipment); (2) section 7(a) loans (SBA-guaranteed general business loans); (3) certified development company (CDC) financings; (4) assistance to small businesses affected by a Department of Defense base closure or realignment or the termination of a defense contract or subcontract; (5) the Program for Investment in Microentrepreneurs (PRIME); and (6) small business disaster loans. Revises or adds provisions concerning the microloan program, including: (1) increased loan amounts; and (2) making [...]

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Latest Action: 04/28/2008 - Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.

Bill Text
A resolution honoring the entrepreneurial spirit of the owners of small business concerns in the United States during National Small Business Week, beginning April 21, 2008. 4/28/2008--Passed Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Honors the entrepreneurial spirit of small business owners during National Small Business Week beginning April 21, 2008. Honors the efforts and achievements of small business owners and their employees. Recognizes that small businesses are essential to restoring the country's economic health. Recognizes the vital role of Small Business Administration (SBA) programs, employees, and resource partners in providing assistance to entrepreneurs and small business owners. Urges the President to ensure that: (1) reasonable rules relating to the federal contract procurement [...]

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Latest Action: 09/17/2008 - Hearing Held by Subcommittee on Technology and Innovation Prior to Introduction and Referral (June 26, 2007)..

Bill Text
To amend the Small Business Act to improve the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program, and for other purposes. 4/23/2008--Passed House amended.    (There are 2 other summaries) SBIR/STTR Reauthorization Act - Title I: Modernizing the SBIR and STTR Programs - (Sec. 101) Amends the Small Business Act to extend through FY2010 (currently scheduled to expire at the end of FY2008) the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs of the Small Business Administration (SBA). (Sec. 102) Increases, for both the SBIR and STTR programs, the individual small business award levels from: (1) $100,000 to $300,000, for participation at a Phase One level; and (2) $750,000 to $2.2 million, for participation at a Phase Two level. Allows participating federal agencies (agencies) to exceed such award levels if such agencies notify, and provide [...]

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Latest Action: 12/14/2007 - Signed by President.

Bill Text
To provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958 through May 23, 2008, and for other purposes.

12/14/2007--Public Law.    (There is 1 other summary)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Extends through May 23, 2008, under the same terms and conditions, the authorization for any program, authority, or provision, including any pilot program, that is currently authorized through December 15, 2007, under the Small Business Act or the Small Business Investment Act of 1958.

Latest Action: 11/09/2007 - Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

Bill Text
To provide for the creation of a National High-Speed Rail Authority. 11/8/2007--Introduced. High-Speed Rail Authority Development and Formation Act - Establishes within the Department of Transportation (DOT) the National High-Speed Rail Authority (Authority), which shall be headed by an Administrator. Declares that the Authority's mission shall be to encourage and assist in the establishment of high-speed rail systems in the United States. Establishes in the Authority: (1) a Policy Advisory Committee; (2) an Office of Administration; and (3) an Office of Policy, Research, and Development. Establishes within the Office of Administration a Design/Build/Operate Division, a Right-Of-Way Acquisition Division, the position of General Counsel, and an Office of Venture Capital. Authorizes the Administrator, based on certain criteria, to solicit the development of certain technologies that will contribute to the development of high-speed rail transportation. Requires [...]

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Latest Action: 09/28/2007 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill Text
To amend the Small Business Investment Act of 1958 to expand opportunities for investments in small businesses, and for other purposes. 9/27/2007--Passed House amended.    (There are 2 other summaries) Small Business Investment Expansion Act of 2007 - Title I: Small Business Investment Company Program - (Sec. 101) Amends the Small Business Investment Act of 1958 to increase the maximum amounts of outstanding leverage made available by the Small Business Administration (SBA) to: (1) any one small business investment company (SBIC) which provides loans to small businesses; and (2) two or more SBICs that are commonly controlled. (Sec. 102) Increases the total amount of debentures and participating securities issued by an SBIC that may be guaranteed by the SBA in the case of an SBIC that certifies that not less than 50% of its aggregate investments will be made in small businesses that are either: (1) majority owned by socially or economically [...]

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Latest Action: 10/16/2007 - Committee on Small Business and Entrepreneurship. Reported by Senator Kerry with an amendment in the nature of a substitute. With written report No. 110-199.

Bill Text
A bill to amend the Small Business Investment Act of 1958 to reauthorize the venture capital program, and for other purposes. 10/16/2007--Reported to Senate amended.    (There is 1 other summary) Small Business Venture Capital Act of 2007 - Title I: Small Business Investment Company Program - (Sec. 101) Amends the Small Business Act to reauthorize for FY2007-FY2010 the venture capital program under the Small Business Investment Act of 1958 (a program under which small business investment companies (SBICs) provide capital financing to small businesses). (Sec. 102) Amends the latter Act to increase the maximum amounts of outstanding leverage made available to: (1) any one SBIC; (2) two or more SBICs that are commonly controlled; and (3) SBICs that invest in women-owned or minority businesses or in businesses in low-income areas. (Sec. 103) Requires each SBIC, as a condition of an application for leverage, to certify that not less than [...]

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