H.R. 8984 — Introduced in House

I 118th CONGRESS 2d Session H. R. 8984 IN THE HOUSE OF REPRESENTATIVES July 10, 2024Mr. 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 A BILL To amend the Infrastructure Investment and Jobs Act to expand MBDA Business Centers near minority-serving institutions, and for other purposes. 1. Short title This Act may be cited as the Supporting Diverse Entrepreneurs Act. 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,.