US Congress House Bill 3385 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 20 2019 - 25% progression, died in committee
Action: 2019-06-20 - Referred to the House Committee on Oversight and Reform.
Pending: House Oversight and Reform Committee
Text: Latest bill text (Introduced) [PDF]

Establishes the Commission on the Advancement of Social Enterprise to examine and make recommendations on ways the federal government can support and utilize social enterprises (i.e., businesses created to further a social purpose in a financially sustainable way). The commission must (1) establish criteria for identifying social enterprises for purposes of federal programs, and (2) identify opportunities for the federal government to engage social enterprises in creating jobs and strengthening local economies. The areas studied and potential recommendations offered shall include, among other things the role of social enterprises in addressing economic, social, and environmental policy challenges across all levels of government; corporate legal structures that foster or impede the development of social enterprises; how to reform federal securities laws to encourage impact investing; and barriers to social enterprise growth. The commission shall (1) report to the President and Congress within one year after it establishes criteria by which to identify social enterprise, and (2) terminate 90 days after it submits its report.

SEEED Commission Act of 2019 Social Enterprise Ecosystem and Economic Development Commission Act of 2019

Rep. David Cicilline [D-RI]

Date	Chamber	Action
2019-06-20	House	Referred to the House Committee on Oversight and Reform.
2019-06-20	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/3385/all-info
Text	https://www.congress.gov/116/bills/hr3385/BILLS-116hr3385ih.pdf