Congress·In Committee·H.R. 8708

Main Street BRIDGE Act

Small Business: Agency Collaboration for Growth

2 months ago·View on Congress.gov·Read full text

Next up: A house committee

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.

No votes, news coverage, or related bills recorded for this bill 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.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(1)

D: 1

Analysis generated by AI. Always verify with official sources.