H.R. 1845: Small Business Development Centers Modernization Act of 2009

H.R. 1845

Small Business Development Centers Modernization Act of 2009

Date
November 7, 2009 (111th Congress, 1st Session)

Staff Contact
Communications

Floor Situation

H.R. 1845 is expected to be considered under suspension of the rules, requiring a two-thirds majority for passage. The legislation was introduced by Rep. Aaron Schock (R-IL) on April 1, 2009. This bill was incorporated into H.R. 2352, which passed the House on May 20, 2009, by a vote of 406-15.

Bill Summary

H.R. 1845 authorizes $150 million in Fiscal Year 2010 and $160 million in Fiscal Year 2011 for the Small Business Development Center (SBDC) program. Only fully accredited higher education institutions may receive new grants through the program.

The bill authorizes $2.5 million in each of the Fiscal Years 2010 and 2011 for a new grant program for SBDCs to develop programs which help local small firms in securing capital and repairing damaged credit. These grants would be for $300,000 each.

The bill authorizes $2.5 million in each of the Fiscal Years 2010 and 2011 to establish a procurement training program by which SBDCs work with local agencies to find contracts for local small businesses. The bill also authorizes $2.5 million in each of the Fiscal Years 2010 and 2011 for a new "green entrepreneurial development program" to educate businesses on energy efficiency, green technology, and clean technology.

Finally, H.R. 1845 authorizes $2.5 million in each of the Fiscal Years 2010 and 2011 for a statewide small business helpline in every State and territory to provide information to small business and dislocated workers interested in starting a business.

 

Cost

The Congressional Budget Office (CBO) has not produced a cost estimate for H.R. 1845.