Like Countable?

Install the App
TRY NOW

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
      senate Committees
      Senate Committee on Small Business and Entrepreneurship
  • The house has not voted
      house Committees
      House Committee on Small Business
      Rural Development, Entrepreneurship and Trade
    IntroducedApril 1st, 2009

Bill Details

Official information provided by the Congressional Research Service. Learn more or make a suggestion.
The Congressional Research Service writes summaries for most legislation. These summaries are listed here. Countable will update some legislation with a revised summary, title or other key elements.

Suggest an update to this bill using our form.

Title

Small Business Development Centers Modernization Act of 2009

Official Title

To amend the Small Business Act to modernize Small Business Development Centers, and for other purposes.

Summary

Small Business Development Centers Modernization Act of 2009 - Amends the Small Business Act relating to small business development centers (SBDCs) (centers established through the Small Business Administration [SBA] to provide advisory, operational, and technical assistance to small businesses) to: (1) require institutions of higher education that are provided SBDC grants to be accredited; (2) require SBDC employee hirings to be at the sole discretion of an SBDC without input or approval from SBA officers or employees; (3) eliminate a matching funds requirement with respect to SBDC grant programs conducted in areas in which a disaster has occurred; and (4) allow grant distributions with respect to two or more SBDCs located in the same state only when no applicant has applied to serve the entire state. Directs the Administrator to establish SBDC grant programs for: (1) access to credit and capital; (2) procurement training and assistance; (3) green entrepreneurs training; (4) main street stabilization; and (5) small manufacturers transition (business change or reorganization) assistance. Limits grants to $300,000 per entity ($250,000 with respect to the latter two programs). Authorizes appropriations under each program for FY2010-FY2011. Prohibits funds recovered under an SBDC program through fees assessed to small business clients from being considered matching funds. Authorizes appropriations for the SBDC program for FY2010-FY2011.