To authorize the establishment of a Haitian American Enterprise Fund for Haiti, and for other purposes.

Hozzl · 2025-02-08T09:05:31Z

Explore the details of House Bill 1114 To authorize the establishment of a Haitian American Enterprise Fund for Haiti, and for other purposes. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

2/8/2025, 9:05 AM

Summary of Bill HR 1114

Bill 119 HR 1114, also known as the Haitian American Enterprise Fund for Haiti Act, aims to create a fund specifically for supporting economic development in Haiti. The fund will be established to provide financial assistance to Haitian American entrepreneurs and businesses looking to invest in Haiti.

The bill outlines the goals of the fund, which include promoting job creation, fostering economic growth, and supporting sustainable development in Haiti. It also specifies that the fund will be managed by a board of directors, who will be responsible for overseeing the distribution of funds and ensuring that they are used effectively.

In addition to creating the fund, the bill also includes provisions for reporting requirements and oversight mechanisms to ensure transparency and accountability in the use of funds. It also outlines the eligibility criteria for businesses and entrepreneurs seeking assistance from the fund. Overall, the Haitian American Enterprise Fund for Haiti Act aims to leverage the resources and expertise of the Haitian American community to support economic development in Haiti and improve the livelihoods of its citizens.

Current Status of Bill HR 1114

Bill HR 1114 is currently in the status of Bill Introduced since February 7, 2025. Bill HR 1114 was introduced during Congress 119 and was introduced to the House on February 7, 2025. Bill HR 1114's most recent activity was Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, 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. as of February 7, 2025