BID Act of 2023
12/15/2023, 3:55 PMSummary of Bill HR 1557
Bill 118 HR 1557, also known as the BID Act of 2023, is a piece of legislation introduced in the US Congress. The purpose of this bill is to establish a program to provide funding and support for Business Improvement Districts (BIDs) across the country.BIDs are special districts in which property owners come together to fund and manage improvements and services in their area, such as maintenance, security, and marketing. The BID Act of 2023 aims to promote economic development and revitalization in communities by providing federal grants to support the establishment and operation of BIDs.
The bill outlines the eligibility criteria for BIDs to receive funding, including requirements for governance, transparency, and accountability. It also establishes a competitive grant program to award funds to BIDs that demonstrate a clear plan for improving their district and benefiting the local economy. Additionally, the BID Act of 2023 includes provisions for technical assistance and training to help BIDs effectively manage their operations and achieve their goals. The bill emphasizes the importance of collaboration between BIDs, local governments, and other stakeholders to ensure the success of these districts. Overall, the BID Act of 2023 seeks to support the growth and sustainability of BIDs as a tool for community development and economic prosperity. It aims to empower local businesses and property owners to work together to enhance the quality of life in their neighborhoods and drive economic growth.
Congressional Summary of HR 1557
Better Interoperability for Devices Act of 2023 or the BID Act of 2023
This bill requires the Food and Drug Administration to report on the interoperability of medical devices, including associated standards, data, and costs.
Read the Full Bill
Current Status of Bill HR 1557
Bill HR 1557 is currently in the status of Bill Introduced since March 10, 2023. Bill HR 1557 was introduced during Congress 118 and was introduced to the House on March 10, 2023. Bill HR 1557's most recent activity was Referred to the Subcommittee on Health. as of March 17, 2023Bipartisan Support of Bill HR 1557
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
6Republican Cosponsors
4Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1557
Primary Policy Focus
Environmental ProtectionAlternate Title(s) of Bill HR 1557
BID Act of 2023BID Act of 2023Better Interoperability for Devices Act of 2023To require the Secretary of Health and Human Services to submit a report on the interoperability of medical devices.Comments
Most relevant
Sponsors and Cosponsors of HR 1557
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