Search Results: keywords:"minority-owned businesses"

  • H. R. 10216 — To end preferences for disadvantaged individuals and businesses in Government contracts, and for other purposes.
    Status:Introduced in House
    Words:4,942

    The bill, H.R. 10216, called the "Ending Racism in Government Contracting Act," was introduced in the House of Representatives. It aims to eliminate preferences for disadvantaged individuals and businesses in government contracts and related financial assistance programs. The legislation...

    Simple Explanation

    The bill, called the "Ending Racism in Government Contracting Act," aims to stop giving special help to certain groups of people and businesses when the government picks who to give work to, planning to treat everyone the same without looking at their background.

  • H. R. 10246 — To amend the Small Business Investment Act of 1958 to improve the loan guaranty program, enhance the ability of small manufacturers to access affordable capital, and for other purposes.
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    Status:Introduced in House
    Words:2,965

    The proposed bill, known as the 504 Modernization and Small Manufacturer Enhancement Act of 2024, seeks to amend the Small Business Investment Act of 1958 to make it easier for small manufacturers to get loans and reduce their costs. It introduces new policy goals, such as...

    Simple Explanation

    The 504 Modernization and Small Manufacturer Enhancement Act of 2024 is a plan that helps small factories get bigger loans to make more stuff, but it needs to be careful so money isn't wasted or used unfairly. It also wants to help more people learn and share how to run successful small businesses, especially ones owned by women and minority groups.