Supporting NEW BUSINESSES Act

Senate Bill 4206 - Supporting NEW BUSINESSES Act: Overview, Status, and Impact

Hozzl · 2022-12-29T16:48:37Z

Explore the details of Senate Bill 4206 Supporting NEW BUSINESSES Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

12/29/2022, 4:48 PM

Congressional Summary of S 4206

Supporting New Entrepreneurs and Workers By Undoing and Streamlining Inhibitors to Nascent Enterprises through Supporting Successful Efficiency Solutions Act or the Supporting NEW BUSINESSES Act

This bill requires the Small Business Administration to annually provide awards recognizing three state or local governments that implement innovative and effective policies or tools to streamline processes related to the formation of small business in their communities.

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Current Status of Bill S 4206

Bill S 4206 is currently in the status of Bill Introduced since May 12, 2022. Bill S 4206 was introduced during Congress 117 and was introduced to the Senate on May 12, 2022. Bill S 4206's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of May 12, 2022

Bipartisan Support of Bill S 4206

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4206

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 4206

Supporting NEW BUSINESSES Act

Supporting New Entrepreneurs and Workers By Undoing and Streamlining Inhibitors to Nascent Enterprises through Supporting Successful Efficiency Solutions Act

A bill to require the Administrator of the Small Business Administration to provide awards to recognize State and local governments that improve the process of forming a new business, and for other purposes.