Supporting Diverse Entrepreneurs Act

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8984 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 8984

  To amend the Infrastructure Investment and Jobs Act to expand MBDA 
  Business Centers near minority-serving institutions, and for other 
                               purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                             July 10, 2024

 Mr. Nickel (for himself and Ms. Adams) introduced the following bill; 
   which was referred to the Committee on Financial Services, and in 
    addition to the Committee on Small Business, 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

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                                 A BILL


 
  To amend the Infrastructure Investment and Jobs Act to expand MBDA 
  Business Centers near minority-serving institutions, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Supporting Diverse Entrepreneurs 
Act''.

SEC. 2. EXPANSION OF MBDA BUSINESS CENTERS NEAR MINORITY-SERVING 
              INSTITUTIONS.

    The Infrastructure Investment and Jobs Act (Public Law 117-58) is 
amended--
            (1) in section 100114(d)(1)(B)--
                    (A) by redesignating clauses (ii) and (iii) as 
                clauses (iii) and (iv), respectively; and
                    (B) by inserting after clause (i) the following:
                            ``(ii) an area that is in or near a 
                        historically Black college or university or 
                        other minority-serving institution (as such 
                        term is defined in section 100301);''; and
            (2) in section 100708, by striking ``2025'' and inserting 
        ``2024, and $125,000,000 for fiscal year 2025 and each fiscal 
        year thereafter,''.
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