Congressional Record, House, April 26, 2022: Small Business Development Centers Improvement Act of 2022
Summary
A page of the Congressional Record, House, dated April 26, 2022, at pages H4463 and H4464. A speaker criticizes mask mandates on public transportation after a judge's ruling and says the Biden administration announced it would sue to reverse it. Ms. Velázquez then moves to suspend the rules and pass H.R. 6445, the Small Business Development Centers Improvement Act of 2022, and the page carries the text of the bill, including annual reports, data collection, marketing of services and grant limits. Speaking for the bill, a speaker says the 62 lead centers and nearly 1,000 outreach locations return $1.99 in Federal revenue for each Federal dollar spent and that the bill raises the authorization level to $175 million for the next four fiscal years. The remarks are the speakers' own.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
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“Congressional Record, House, April 26, 2022: Small Business Development Centers Improvement Act of 2022.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2022-04-26-crec-2022-04-26-pt1-pgh4463-2-31f400c519/
, SHA-256 def33a3bd6e9809d050dde5c5870792c9e5ba32a8f1f451e91a3e1e3fee9db1b.Full text
April 26, 2022 CONGRESSIONAL RECORD — HOUSE H4463
with many other colleagues in a couple ‘‘(ii) operating circulars, manuals, and SEC. 4. DATA COLLECTION BY THE SMALL BUSI-
standard operating procedures for each such NESS DEVELOPMENT CENTER ASSO-
of different letters to the President, to CIATION.
allow the mask mandate to expire a covered program;
‘‘(iii) a description of the process used to (a) IN GENERAL.—Section 21(a)(3)(A) of the
few months ago. So finally, I was re- Small Business Act (15 U.S.C. 648(a)(3)(A)) is
make awards relating to the provision of en-
lieved and pleased to hear of this an- trepreneurial development activities under amended—
nouncement by the judge. each such covered program; (1) by striking ‘‘as provided in this section
Our celebration was short-lived, how- ‘‘(iv) a list of all recipients of awards under and’’ and inserting ‘‘as provided in this sec-
ever, as the Biden administration soon each such covered program and the amount tion,’’; and
announced they would sue to try to re- of each such award; and (2) by inserting before the period at the end
‘‘(v) a list of contractors, including the the following: ‘‘, and (iv) governing data col-
peal the judge’s ruling and force back
name and location of such contractor, of an lection activities related to applicants re-
in place mask mandates for people ceiving grants under this section’’.
award recipient.
traveling. (b) ANNUAL REPORT ON DATA COLLECTION.—
‘‘(B) The total amount of funding obligated
Science has repeatedly found that for a covered program and the entrepre- Section 21 of the Small Business Act (15
the masks are not nearly as effective neurial development activities conducted U.S.C. 648), as amended by section 3 of this
at preventing the spread of COVID as under each such covered program for the fis- Act, is further amended by adding at the end
they previously had thought. It really cal year preceding the date of the report. the following:
boils down to that government likes ‘‘(C) The names and titles of the individ- ‘‘(p) ANNUAL REPORT ON DATA COLLEC-
uals responsible for carrying out a covered TION.—The Administrator shall annually
controlling people with this. They like
program. submit to the Committee on Small Business
scaring them. They like putting them of the House of Representatives and the
‘‘(D) For entrepreneurial development ac-
in a box and saying, If you don’t do Committee on Small Business and Entrepre-
tivities undertaken during the fiscal year
this, you might die. preceding the date of the report through the neurship of the Senate a report on any data
People, if they are forced into having Small Business Development Center Pro- collection activities related to the Small
mask mandates on public transpor- gram established under section 21 (in this Business Development Center Program.’’.
tation once again, there is going to be section referred to as the ‘Program’)— (c) WORKING GROUP TO IMPROVE DATA COL-
‘‘(i) the number of individuals counseled or LECTION.—
a lot of anger coming out that no mid-
trained through the Program; (1) ESTABLISHMENT AND STUDY.—The Ad-
terms or nothing else will save if they ministrator of the Small Business Adminis-
force this onto us. ‘‘(ii) the total number of hours of coun-
seling and training services provided through tration shall establish a group to be known
f the Program; as the ‘‘Data Collection Working Group’’
‘‘(iii) the demographics of participants in consisting of entrepreneurial development
b 1415 grant recipients, the associations and orga-
the Program, which shall include the gender,
ANNOUNCEMENT BY THE SPEAKER race, and age of each such participant; nizations representing such recipients, and
‘‘(iv) the number of participants in the officials from the Small Business Adminis-
PRO TEMPORE tration, to carry out a study to determine
Program who are veterans;
The SPEAKER pro tempore. Pursu- ‘‘(v) the number of new businesses started the best methods for conducting data collec-
ant to clause 8 of rule XX, the Chair by participants in the Program; tion activities and create or revise existing
will postpone further proceedings ‘‘(vi) to the extent practicable, the number systems dedicated to data collection.
today on motions to suspend the rules of jobs supported, created, or retained with (2) REPORT.—Not later than the end of the
assistance from the Program; 180-day period beginning on the date of the
on which the yeas and nays are or- enactment of this Act, the Data Collection
dered. ‘‘(vii) the amount of capital secured by
participants in the Program, including Working Group shall issue a report to the
The House will resume proceedings through loans and equity investment; Committee on Small Business of the House
on postponed questions at a later time. ‘‘(viii) the number of participants in the of Representatives and the Committee on
f Program receiving financial assistance, in- Small Business and Entrepreneurship of the
cluding the type and dollar amount, under a Senate containing the findings and deter-
SMALL BUSINESS DEVELOPMENT loan program of the Administration; minations made in carrying out the study re-
CENTERS IMPROVEMENT ACT OF ‘‘(ix) an estimate of gross receipts, includ- quired under paragraph (1), including—
2022 ing (to the extent practicable) a description (A) recommendations for revising existing
of any change in revenue, of small business data collection practices for the Small Busi-
Ms. VELÁZQUEZ. Mr. Speaker, I ness Development Center Program; and
concerns assisted through the Program;
move to suspend the rules and pass the ‘‘(x) the number of referrals of individuals (B) a proposed plan for the Administrator
bill (H.R. 6445) to amend the Small to other resources and programs of the Ad- of the Small Business Administration to im-
Business Act to require an annual re- ministration; plement such recommendations.
port on entrepreneurial development ‘‘(xi) the results of satisfaction surveys of SEC. 5. FEES FROM PRIVATE PARTNERSHIPS AND
participants in the Program, including a COSPONSORSHIPS.
programs, and for other purposes.
The Clerk read the title of the bill. summary of any comments received from Section 21(a)(3) of the Small Business Act
such participants; and (15 U.S.C. 648(a)(3)) is amended by adding at
The text of the bill is as follows:
‘‘(xii) any recommendations by the Admin- the end the following:
H.R. 6445 istrator to improve the delivery of services ‘‘(D) FEES FROM PRIVATE PARTNERSHIPS AND
Be it enacted by the Senate and House of Rep- by the Program. COSPONSORSHIPS.—A small business develop-
resentatives of the United States of America in ‘‘(2) DEFINITIONS.—In this subsection: ment center that participates in a private
Congress assembled, ‘‘(A) COVERED PROGRAM.—The term ‘cov- partnership or cosponsorship, in which the
SECTION 1. SHORT TITLE. ered program’ means a program authorized Administrator or designee of the Adminis-
This Act may be cited as the ‘‘Small Busi- under section 7(j), 7(m), 8(a), 8(b)(1), 21, 22, 29, trator also participates, may collect fees or
ness Development Centers Improvement Act 32, or 34 of this Act. other income related to the operation of
of 2022’’. ‘‘(B) ENTREPRENEURIAL DEVELOPMENT AC- such private partnership or cosponsorship.’’.
SEC. 2. ANNUAL REPORT ON ENTREPRENEURIAL TIVITY.—The term ‘entrepreneurial develop- SEC. 6. EQUITY FOR SMALL BUSINESS DEVELOP-
DEVELOPMENT PROGRAMS. ment activity’ means an activity related to MENT CENTERS.
Section 10 of the Small Business Act (15 the delivery of entrepreneurial development Subclause (I) of section 21(a)(4)(C)(v) of the
U.S.C. 639) is amended by adding at the end services, entrepreneurial education, or sup- Small Business Act (15 U.S.C.
the following new subsection: port for the development and maintenance of 648(a)(4)(C)(v)(I)) is amended to read as fol-
‘‘(i) ANNUAL REPORT ON ENTREPRENEURIAL business training services carried out lows:
DEVELOPMENT PROGRAMS.— through a covered program.’’. ‘‘(I) IN GENERAL.—Of the amounts made
‘‘(1) REPORT REQUIRED.—The Administrator available in any fiscal year to carry out this
SEC. 3. MARKETING OF SERVICES.
shall include in the comprehensive annual section, not more than $600,000 may be used
report required under subsection (a) the fol- Section 21 of the Small Business Act (15 by the Administration to pay expenses enu-
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lowing data: U.S.C. 648) is amended by adding at the end merated in subparagraphs (B) through (D) of
‘‘(A) A list of all entrepreneurial develop- the following: section 20(a)(1).’’.
ment activities undertaken during the fiscal ‘‘(o) NO PROHIBITION OF MARKETING OF SEC. 7. CONFIDENTIALITY REQUIREMENTS.
year preceding the date of the report SERVICES.—An applicant receiving a grant Section 21(a)(7)(A) of the Small Business
through a covered program, including— under this section may use up to 10 percent Act (15 U.S.C. 648(a)(7)(A)) is amended—
‘‘(i) a description and operating details for of their budget to market and advertise the (1) by striking ‘‘or telephone number’’ and
each such covered program and the activities services of such applicant to individuals and inserting ‘‘, telephone number, or email ad-
performed under each such covered program; small business concerns.’’. dress’’; and
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H4464 CORRECTION CONGRESSIONAL RECORD — HOUSE April 26, 2022
(2) by inserting ‘‘, or the nature or content striking the second sentence and inserting tinue to be with Mr. Hagedorn’s family,
of such assistance, to any State, local, or the following: ‘‘Each contract shall be friends, and staff.
Federal agency, or to any third party’’ after deemed approved under subparagraph (A) un- Today’s bill is a testament to his
‘‘receiving assistance under this section’’. less the Associate Administrator certifies in
SEC. 8. LIMITATION ON AWARD OF GRANTS TO writing within 15 business days after award
dedication to his community and small
SMALL BUSINESS DEVELOPMENT of the contract that the contract will not firms, and I am glad to honor his mem-
CENTERS. provide assistance to small business con- ory with this legislation.
(a) IN GENERAL.—Section 21 of the Small cerns and that performance of the contract H.R. 6445 strengthens SBA’s largest
Business Act (15 U.S.C. 648), as amended by will hinder the small business development resource partner, the Small Business
section 4, is further amended— center in carrying out the terms of the grant Development Center, or SBDC, net-
(1) in subsection (a)(1)— received by the small business development
(A) by striking ‘‘any women’s business cen- work, by modernizing the program to
center under this section.’’.
ter operating pursuant to section 29,’’; meet the needs of today’s small busi-
SEC. 13. DUTIES OF THE ASSOCIATE ADMINIS-
(B) by striking ‘‘or a women’s business cen- TRATOR FOR SMALL BUSINESS DE- nesses and entrepreneurs.
ter operating pursuant to section 29’’; and VELOPMENT CENTERS. SBDCs deliver free face-to-face and
(C) by striking ‘‘and women’s business cen- Section 21(h)(2) of the Small Business Act virtual counseling and training in all
ters operating pursuant to section 29’’; and (15 U.S.C. 648(h)(2)) is amended by adding at aspects of business management to
(2) by adding at the end the following: the end the following new subparagraph: small business owners and entre-
‘‘(q) LIMITATION ON AWARD OF GRANTS.—Ex- ‘‘(C) MARKETING.—The Associate Adminis-
cept for not-for-profit institutions of higher preneurs across the country. The serv-
trator for Small Business Development Cen-
education, and notwithstanding any other ters shall market and advertise the Small
ices include: assisting entrepreneurs
provision of law, the Administrator may not Business Development Center Program and with developing a business plan, ac-
award a grant or contract to, or enter into a participants in such Program as a resource cessing capital, creating a marketing
cooperative agreement with, an entity under available to any Federal program providing plan, procuring government contracts,
this section unless that entity— assistance to small business concerns, in- strengthening cybersecurity protec-
‘‘(1) received a grant or contract from, or cluding the FAST program established under tions, and entering into international
entered into a cooperative agreement with, section 34.’’.
the Administrator under this section before
trade.
SEC. 14. DETERMINATION OF BUDGETARY EF-
the date of the enactment of this subsection; FECTS.
Through their network of 62 lead cen-
and The budgetary effects of this Act, for the ters, managing nearly 1,000 outreach
‘‘(2) seeks to renew such a grant, contract, purpose of complying with the Statutory locations, SBDCs assist small business
or cooperative agreement after such date.’’. Pay-As-You-Go Act of 2010, shall be deter- owners and entrepreneurs throughout
(b) RULE OF CONSTRUCTION.—The amend- mined by reference to the latest statement the country.
ments made by this section may not be con- titled ‘‘Budgetary Effects of PAYGO Legisla-
strued as prohibiting a women’s business
SBDCs are a remarkable investment
tion’’ for this Act, submitted for printing in of taxpayer dollars with every Federal
center (as described under section 29 of the the Congressional Record by the Chairman of
Small Business Act) from receiving a dollar spent on the SBDC program gen-
the House Budget Committee, provided that
subgrant from an entity receiving a grant erating $1.99 in Federal revenue, a
such statement has been submitted prior to
under section 21 of the Small Business Act.
the vote on passage. nearly 100 percent return on invest-
SEC. 9. MANAGEMENT OF PROGRAM ACTIVITIES. ment.
Section 21(a)(3) of the Small Business Act The SPEAKER pro tempore. Pursu-
To build on this success, H.R. 6445 in-
(15 U.S.C. 648(a)(3)), as amended by section 4, ant to the rule, the gentlewoman from
creases the authorization level to $175
is further amended— New York (Ms. VELÁZQUEZ) and the
(1) in the matter preceding subparagraph million for the next four fiscal years,
gentleman from Missouri (Mr. LUETKE-
(A), by striking ‘‘upon, with full participa- allowing the program to grow and
MEYER) each will control 20 minutes.
tion of both parties,’’ and inserting ‘‘upon The Chair recognizes the gentle- reach more of America’s 30 million
with the full participation of all parties (in- woman from New York. small firms.
cluding the association authorized in sub- The bill also clarifies that SBDCs,
GENERAL LEAVE
paragraph (A)), and carried out’’; and the SBA, may actively market
(2) in subparagraph (A), by striking ‘‘and Ms. VELÁZQUEZ. Mr. Speaker, I ask
their services. In the Small Business
develop’’ and inserting ‘‘and negotiate the unanimous consent that all Members
Committee, we often say that SBDCs
development of’’; and may have 5 legislative days in which to
(3) in subparagraph (C)— are the best-kept small business secret.
revise and extend their remarks and in-
(A) by striking ‘‘Whereas’’; This bill will go a long way to ensur-
clude extraneous material on the meas-
(B) by inserting ‘‘Program’’ after ‘‘Cen- ing more small employers and entre-
ure under consideration.
ter’’;
The SPEAKER pro tempore. Is there preneurs are aware that free or low-
(C) by striking ‘‘National’’ and inserting cost counseling and training exists to
‘‘national’’; and objection to the request of the gentle-
woman from New York? help them on their path to success.
(D) by moving such subparagraph 2 ems to
There was no objection. I thank the sponsors for leading this
the left.
SEC. 10. AUTHORIZATION OF APPROPRIATIONS Ms. VELÁZQUEZ. Mr. Speaker, I effort to modernize and improve the
FOR FORMULA GRANTS RECEIVED yield myself such time as I may con- SBDC program and its many valuable
BY STATES.
sume. services. I urge Members to support
Section 21(a)(4)(C) of the Small Business this bipartisan piece of legislation, and
Mr. Speaker, before I begin, I thank
Act (15 U.S.C. 648(a)(4)(C)) is amended— I reserve the balance of my time.
(1) in clause (vii), by striking ‘‘subpara- all of our members for their tireless
work on the bills before us today. As Mr. LUETKEMEYER. Mr. Speaker, I
graph’’ and all that follows through the pe-
riod at the end and inserting ‘‘subparagraph we head into National Small Business yield myself such time as I may con-
$175,000,000 for each of fiscal years 2022 Week, the legislation we are passing sume.
through 2025.’’; and today showcases the bipartisan nature Mr. Speaker, I rise in support of H.R.
(2) in clause (viii), by striking ‘‘shall re- of our committee and highlights how 6445, the Small Business Development
serve not less than $1,000,000’’ and inserting Congress supports the American entre- Centers Improvement Act of 2022.
‘‘shall reserve not more than $2,000,000’’. Before we begin, I will highlight next
preneurial spirit.
SEC. 11. REQUIREMENTS RELATING TO MATCH-
ING FUNDS.
I rise today in support of H.R. 6445, week’s National Small Business Week
Section 21(a)(4)(A) of the Small Business the Small Business Development Cen- celebration. This will be a time to
Act (15 U.S.C. 648(a)(4)(A)) is amended by ter Improvement Act of 2022, intro- honor and reflect upon some of Amer-
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adding at the end the following new sen- duced by Representative GOLDEN from ica’s hardest working businesses and
tence: ‘‘Such matching funds shall be evi- Maine and the late Representative their employees.
denced by good faith assertions from the ap- Hagedorn from Minnesota. It is with this in mind that I am glad
plicant, and the expenditure of matching I will take a moment to remember that we are gathering on the House
funds shall not be made a prerequisite of the the late Representative Hagedorn and floor today to discuss a number of bills
reimbursement of Federal funds, notwith-
standing the final reconciliation payment
his work as a member of the Small that improve and enhance the Small
for the close-out of each award.’’. Business Committee. Before and Business Administration.
SEC. 12. CONTRACT PREREQUISITES. throughout his illness, Mr. Hagedorn Importantly, all five bills that we
Section 21(a)(5)(B) of the Small Business maintained his steadfast commitment will be discussing today have been fa-
Act (15 U.S.C. 648(a)(5)(B)) is amended by to small businesses. My thoughts con- vorably reported out of our committee
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April 26, 2022 CONGRESSIONAL RECORD — HOUSE H4465
in a bipartisan manner. I thank the H.R. 6445 continues the long tradition business concern owned and controlled by
chair for working with me to advance of SBDC’s work to meet the ever-evolv- women’ has the meaning given under section
these bills to the floor. ing needs of America’s entrepreneurs 3(n).
Small Business Development Centers ‘‘(4) RESOURCE PARTNERS.—The term ‘re-
as they emerge from the pandemic. source partners’ means small business devel-
provide valuable resources and free Strengthening the SBDC network will, opment centers, chapters of the Service
counseling to entrepreneurs across this in turn, provide the support our small Corps of Retired Executives (established
great Nation. This Congress, I have businesses need in order to thrive. under section 8(b)(1)(B)), and Veteran Busi-
heard from several small businesses Today’s bill is endorsed by America’s ness Outreach Centers (described under sec-
who have benefited from the SBDC’s SBDCs, an association representing the tion 32).
services. 63 SBDC networks and their nearly ‘‘(5) WOMEN’S BUSINESS CENTER.—The term
In my home State of Missouri, the 1,000 centers. ‘women’s business center’ means the loca-
Missouri Small Business Development I thank Mr. GOLDEN and remember tion at which counseling and training on the
Center helped a local brewery create a management, operations (including manu-
the late Mr. Hagedorn for their bipar- facturing, services, and retail), access to cap-
business plan and apply for a 504 loan tisan work on this bill. ital, international trade, government pro-
to grow their business. They also I urge my colleagues to vote ‘‘yes,’’ curement opportunities, and any other mat-
helped a veteran-owned food shipping and I yield back the balance of my ter that is needed to start, maintain, or ex-
business scale up and find new partner- time. pand a small business concern owned and
ships during the pandemic. The SPEAKER pro tempore. The controlled by women.
They supported countless small busi- question is on the motion offered by ‘‘(6) WOMEN’S BUSINESS CENTER ASSOCIA-
nesses in accessing SBA’s COVID relief the gentlewoman from New York (Ms. TION.—The term ‘Women’s Business Center
programs such as the Paycheck Protec- VELÁZQUEZ) that the House suspend the Association’ means a membership organiza-
tion Program and Economic Injury tion formed by women’s business centers to
rules and pass the bill, H.R. 6445. pursue matters of common concern.
Disaster loans. I am grateful for their The question was taken; and (two-
wide range of services to entre- ‘‘(b) AUTHORITY.—
thirds being in the affirmative) the ‘‘(1) ESTABLISHMENT.—There is established
preneurs. rules were suspended and the bill was a Women’s Business Center Program under
This important legislation will allow passed. which the Administrator may enter into a
SBDCs to continue their important A motion to reconsider was laid on cooperative agreement with an eligible enti-
services and expand their network of the table. ty to provide a grant to such eligible entity
small business beneficiaries through to operate one or more women’s business
f
marketing. centers for the benefit of small business con-
This legislation also ensures SBDC’s WOMEN’S BUSINESS CENTERS cerns owned and controlled by women.
client information is protected and IMPROVEMENT ACT OF 2022 ‘‘(2) USE OF FUNDS.—A women’s business
that cooperation, communication, and center established using funds made avail-
Ms. VELÁZQUEZ. Mr. Speaker, I
collaboration between SBA and SBDC able under this section shall be designed to
move to suspend the rules and pass the provide entrepreneurial counseling and
networks is improved. bill (H.R. 6441) to amend the Small
I thank Mr. GOLDEN for working on training that meets the needs of the small
Business Act to improve the women’s business concerns owned and controlled by
this legislation with the late Jim business center program, and for other women, especially such concerns owned and
Hagedorn. As we all know, Jim was a purposes. controlled by women who are both socially
champion for small businesses and a The Clerk read the title of the bill. and economically disadvantaged (as defined
truly invaluable member of our Small The text of the bill is as follows: under section 8(a)), and shall provide—
Business Committee. He will certainly ‘‘(A) financial assistance, including coun-
H.R. 6441
be missed. He leaves a huge hole on our seling and training on how to—
Be it enacted by the Senate and House of Rep- ‘‘(i) apply for and secure business credit
side of the aisle with regard to support
resentatives of the United States of America in and investment capital;
of small businesses, and we remember Congress assembled, ‘‘(ii) prepare and present financial state-
him today. SECTION 1. SHORT TITLE. ments; and
I also thank the chair for working This Act may be cited as the ‘‘Women’s ‘‘(iii) manage cash flow and other financial
with me in a bipartisan manner to ad- Business Centers Improvement Act of 2022’’. operations of a small business concern;
vance this bill. SEC. 2. AMENDMENTS TO WOMEN’S BUSINESS ‘‘(B) management assistance, including
I urge my colleagues to ensure that CENTER PROGRAM. counseling and training on how to plan, or-
SBDCs can continue serving our small Section 29 of the Small Business Act (15 ganize, staff, direct, and control each major
business constituents and commu- U.S.C. 656) is amended to read as follows: activity and function of a small business
nities, and to support H.R. 6445, which ‘‘SEC. 29. WOMEN’S BUSINESS CENTER PROGRAM. concern; and
was passed favorably out of our com- ‘‘(a) DEFINITIONS.—In this section: ‘‘(C) marketing assistance, including coun-
mittee by a voice vote and passed the ‘‘(1) ASSISTANT ADMINISTRATOR.—The term seling and training on how to—
‘Assistant Administrator’ means the Assist- ‘‘(i) identify and segment domestic and
House in a similar form last Congress. international market opportunities;
The Small Business Development ant Administrator of the Office of Women’s
Business Ownership established under sub- ‘‘(ii) prepare and execute marketing plans;
Center network is critical in assisting section (k). ‘‘(iii) develop pricing strategies;
our small business owners during their ‘‘(2) ELIGIBLE ENTITY.—The term ‘eligible ‘‘(iv) locate contract opportunities;
entrepreneurial business journey. H.R. entity’ means— ‘‘(v) negotiate contracts; and
6445 will enhance and improve this ‘‘(A) an organization described in section ‘‘(vi) use various public relations and ad-
journey and ensure the program re- 501(c) of the Internal Revenue Code of 1986 vertising techniques.
mains strong and vibrant on behalf of and exempt from taxation under section ‘‘(3) TYPES OF GRANTS.—
America’s small businesses. 501(a) of such Code; ‘‘(A) INITIAL GRANT.—The amount of an ini-
‘‘(B) a State, regional, or local economic tial grant, which shall be for a 5-year term,
I urge my colleagues to support H.R.
development organization, if the organiza- provided under this subsection to an eligible
6445, and I yield back the balance of my entity shall be not more than $300,000 annu-
tion certifies that grant funds received under
time. this section will not be commingled with ally (as such amount is annually adjusted by
Ms. VELÁZQUEZ. Mr. Speaker, I other funds; the Administrator to reflect the change in
yield myself such time as I may con- ‘‘(C) an institution of higher education (as inflation).
sume. defined in section 101 of the Higher Edu- ‘‘(B) CONTINUATION GRANTS.—The Adminis-
There is no question that we need to cation Act of 1965), unless such institution is trator may award a continuation grant,
support the cornerstone of the SBA’s currently receiving a grant under section 21; which shall be for a 5-year term, of not more
entrepreneurial programs, the Small ‘‘(D) a development, credit, or finance cor- than $300,000 annually (as such amount is an-
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Business Development Centers. SBDCs poration chartered by a State, if such cor- nually adjusted by the Administrator to re-
poration certifies that grant funds received flect the change in inflation) to an eligible
are SBA’s premier resource partner
under this section will not be commingled entity that received an initial grant under
with centers in communities across the subparagraph (A). There shall be no limita-
with other funds; or
country. Their free or low-cost coun- ‘‘(E) any combination of entities listed in tion on the number of continuation grants
seling and training have helped sustain subparagraphs (A) through (D). an eligible entity may receive under this sec-
small businesses and entrepreneurs ‘‘(3) SMALL BUSINESS CONCERN OWNED AND tion.
throughout the pandemic. CONTROLLED BY WOMEN.—The term ‘small ‘‘(c) APPLICATION.—
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