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Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Minority Business Development Improvements Act of 2009

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To establish in the Department of Commerce the Minority Business Development Program to provide qualified minority businesses with technical assistance, loan guarantees, and contracting opportunities, and for other purposes.


Actions Overview (1)

Date
12/16/2009Introduced in House

All Actions (6)

Date
09/22/2010Subcommittee Hearings Held.
Action By: House Oversight and Government Reform Subcommittee on Government Management, Organization, and Procurement
09/22/2010Referred to the Subcommittee on Government Management, Organization, and Procurement.
Action By: Committee on Oversight and Government Reform
12/16/2009Referred to House Oversight and Government Reform
Action By: House of Representatives
12/16/2009Referred to House Financial Services
Action By: House of Representatives
12/16/2009Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Action By: House of Representatives
12/16/2009Introduced in House
Action By: House of Representatives

Committees (2)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services12/16/2009 Referred to
House Oversight and Government Reform12/16/2009 Referred to
House Oversight and Government Reform Subcommittee on Government Management, Organization, and Procurement09/22/2010 Referred to
09/22/2010 Hearings by

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Subjects (6)


Latest Summary (1)

There is one summary for H.R.4343. View summaries

Shown Here:
Introduced in House (12/16/2009)

Minority Business Development Improvements Act of 2009 - Requires the Director of the Minority Business Development Agency to establish the Minority Business Development Program to provide qualified minority businesses with technical assistance, loan guarantees, and contract procurement assistance. Outlines minority business qualification requirements for the Program, including that: (1) not less than 51% of the entity be directly and unconditionally owned by historically disadvantaged individuals; and (2) each officer or other individual exercising control over regular operations is a historically disadvantaged individual. Outlines specific types of technical assistance and loan guarantees authorized under the Program. Provides loan guarantee limits.

Authorizes the Director to enter into agreements for the fulfillment of federal procurement contracts by, and contracting opportunities for, qualified minority businesses. Provides contract limits.

Allows the Director to terminate a qualified minority business from the Program under specified circumstances.