0
0

Unlocking Opportunities in Emerging Markets Act of 2021

12/30/2022, 3:04 AM

Summary of Bill HR 6189

Bill 117 HR 6189, also known as the Unlocking Opportunities in Emerging Markets Act of 2021, aims to promote economic growth and development in emerging markets around the world. The bill focuses on increasing access to financial services, promoting entrepreneurship, and fostering innovation in these markets.

One key provision of the bill is the establishment of a new office within the Department of Commerce dedicated to supporting US businesses looking to invest in emerging markets. This office will provide resources and assistance to help companies navigate the challenges of doing business in these regions.

Additionally, the bill calls for the creation of a task force to identify barriers to trade and investment in emerging markets and develop strategies to address them. This task force will work with both government agencies and private sector stakeholders to promote economic opportunities in these regions. Overall, the Unlocking Opportunities in Emerging Markets Act of 2021 aims to strengthen economic ties between the US and emerging markets, creating new opportunities for American businesses and promoting global economic development.

Congressional Summary of HR 6189

Unlocking Opportunities in Emerging Markets Act of 2021

This bill establishes the Office of Emerging Markets within the Small Business Administration to oversee the planning, coordination, implementation, evaluation, and improvement of efforts to enhance the economic well-being of small business concerns in emerging markets.

Read the Full Bill

Formatted TextPDFFormatted XML

Current Status of Bill HR 6189

Bill HR 6189 is currently in the status of Bill Introduced since December 8, 2021. Bill HR 6189 was introduced during Congress 117 and was introduced to the House on December 8, 2021.  Bill HR 6189's most recent activity was Referred to the House Committee on Small Business. as of December 8, 2021

Bipartisan Support of Bill HR 6189

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6189

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 6189

Unlocking Opportunities in Emerging Markets Act of 2021
Unlocking Opportunities in Emerging Markets Act of 2021
To establish an Office of Emerging Markets within the Small Business Administration that will strengthen the development of small business concerns in emerging markets, including those owned by women, minorities, veterans, and those located in rural areas, and for other purposes.

Comments

Sponsors and Cosponsors of HR 6189

Joe Neguse
Joe Neguse
ColoradoDemocrat

Latest Bills

To phaseout production of nonessential uses of perfluoroalkyl or polyfluoroalkyl substances, to prohibit releases of all perfluoroalkyl or polyfluoroalkyl substances, and for other purposes.
Bill HR 8016April 11, 2026
To allow certain students, including those who have a student aid index equal to or less than zero, to qualify for supplemental nutrition assistance program benefits under the Food and Nutrition Act of 2008.
Bill HR 8246April 11, 2026
To amend the Internal Revenue Code of 1986 to apply the floor plan financing interest rules to semi-trailers.
Bill HR 7944April 11, 2026
ALERT Act
Bill HR 7613April 11, 2026
Quantum Instrumentation for Science and Engineering Act
Bill HR 8237April 11, 2026
American Homes First Act
Bill S 4240April 11, 2026
NO TOD Act
Bill HR 8230April 11, 2026
Save Struggling Hospitals Act
Bill S 4233April 11, 2026
HOPE with Fertility Services Act
Bill HR 8119April 11, 2026
Books Save Lives Act
Bill HR 8235April 11, 2026