Supporting NEW BUSINESSES Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Latest action
- May 6, 2025
What it does
The Supporting NEW BUSINESSES Act would require the Small Business Administration Administrator to annually award three State or local governments that implement innovative policies or tools to streamline the process of forming small businesses, with one award each for communities of different population sizes: at least 400,000, between 100,000 and 400,000, and under 100,000 individuals. The awards would recognize efforts to reduce paperwork redundancies, consolidate resources through user-friendly online portals, eliminate jurisdictional inconsistencies, or otherwise make business formation procedures more efficient. State and local governments seeking an award must submit an application…
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.