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Congress·In Committee·H.R. 8708

Main Street BRIDGE Act

Small Business: Agency Collaboration for Growth

23 days ago·View on Congress.gov·Read full text

The Main Street BRIDGE Act is currently in the early stages of the legislative process. It has been sent to the House Small Business and Financial Services committees for review. The bill is actively moving forward as it awaits further action from these groups.

Legislative Progress

House
Senate
President
Law
Unlikely to pass

The bill is in the very early stages of the lawmaking process and currently lacks broad support from both political parties.

Key Points

  • This bill requires two government agencies to work together to help small businesses. The Small Business Administration and the Minority Business Development Agency will have their local centers share resources and information.
  • The plan aims to give business owners better access to advice and training. By coordinating their efforts, the agencies hope to reach more entrepreneurs who need help starting or expanding their companies.
  • The agencies must report their progress to Congress after two years. This report will track how many new jobs were created, how many businesses were started, and the total amount of loans or grants given to owners through this partnership.

Impact Analysis

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

Milestones

2 milestones2 actions
May 7, 2026House

Referred to the Committee on Small Business, and in addition to the Committee on Financial Services, 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.

May 7, 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.

Related Bills

No related bills have been identified yet.

Source Information

Document Type

Congressional Bill

Official Title

Main Street BRIDGE Act

Bill NumberHR 8708
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the Committee on Small Business, and in addition to the Committee on Financial Services, 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.
Read Full Bill Text

Sponsor

Cosponsors

(1)
D: 1

Analysis generated by AI. Always verify with official sources.