Native American Entrepreneurial Opportunity Act
Native American Small Business Support
Legislative Progress
Key Points
- Congress is moving to create a permanent Office of Native American Affairs within the Small Business Administration. This office would focus on helping tribal members and Native Hawaiian organizations start, run, and grow their own businesses.
- A new leader with experience in Native American cultures would be hired to run the office. This person would help business owners get access to money, find government contracts, and receive specialized training that fits their community's needs.
- The office would be responsible for making sure federal business programs are easier to use for people living in tribal areas. It would also provide grants and financial help to tribal organizations so they can host workshops and educational events for local entrepreneurs.
- To make sure the program is working, the office must report to Congress every year with details on how many people they served and how many training sessions they held. This specific plan is designed to last for seven years to see if it successfully improves economic development in Native communities.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Placed on the Union Calendar, Calendar No. 424.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Reported by the Committee on Small Business. H. Rept. 119-498.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Ordered to be Reported by the Yeas and Nays: 24 - 0.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Small Business.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Native American Entrepreneurial Opportunity Act
Data Sources
Sponsor
Cosponsors
(4)Analysis generated by AI. Always verify with official sources.