Prison to Proprietorship for the Formerly Incarcerated Act
Business Training for Formerly Incarcerated People
This bill was recently introduced and is currently being reviewed by the House Committee on Small Business. It is in the early stages of the legislative process and is considered active. There are no upcoming votes scheduled at this time.
Legislative Progress
The bill has support from both a Democrat and a Republican, which usually helps a bill move forward. However, it is still in the early stages and needs to pass through committees and both chambers of Congress.
Key Points
- This bill creates a program to help people who were in federal prison start and run their own small businesses. It aims to give people the tools they need to succeed in the workforce after they are released.
- The Small Business Administration will work with a group of retired business executives to provide one-on-one mentoring, workshops, and training videos. These services will be available across the country.
- Participants will learn specific skills like how to write a business plan, how to find money to start a company, and how to apply for business loans. They will also be connected with local resources in their own communities.
- The program includes regular mentoring sessions that last for a full year. This long-term support is designed to help new business owners through the difficult first stages of starting a company.
- The government will track the program's success by looking at the number of people helped and their backgrounds. They will also survey the participants to make sure the training is meeting their needs.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the House Committee on Small Business.
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
Prison to Proprietorship for the Formerly Incarcerated Act
Data Sources
Sponsor
Cosponsors
(1)Analysis generated by AI. Always verify with official sources.