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Congress·In Committee·H.R. 8404

21st Century Entrepreneurship Act

Entrepreneurship Education: Mentors for Disadvantaged Youth

The 21st Century Entrepreneurship Act is currently in the early stages of the legislative process. It has been sent to the House Committee on Small Business and the Committee on Education and Workforce for review. The bill is actively moving as it waits for these committees to discuss and evaluate its contents.

Legislative Progress

House
Senate
President
Law
Could go either way

The bill has support from both parties and uses existing volunteer networks, which makes it more likely to move forward than more expensive plans.

Key Points

  • This bill creates a way for retired business experts to teach kids in disadvantaged communities how to start and run their own businesses.
  • Volunteers from a group of retired executives will visit community learning centers to mentor students and share their real world experience.
  • The Small Business Administration will work with teachers and business groups to create a special lesson plan designed specifically for these students.
  • The goal is to help children who might not usually meet business owners learn the skills they need to create jobs and help their local neighborhoods.
  • Every two years, the government will check on the program to see how many students it has helped and make sure the money is being used correctly.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions
Apr 21, 2026House

Referred to the Committee on Small Business, and in addition to the Committee on Education and Workforce, 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.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Apr 21, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

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

21st Century Entrepreneurship Act

Bill NumberHR 8404
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the Committee on Small Business, and in addition to the Committee on Education and Workforce, 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.

Sponsor

Cosponsors

(1)
R: 1

Analysis generated by AI. Always verify with official sources.