HR 3385 — SEEED Commission Act of 2019
Last action — Referred to the House Committee on Oversight and Reform.
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 116th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.
In plain language
The bill establishes a commission to support social enterprises.
The SEEED Commission Act of 2019 creates a commission to examine and provide recommendations on how the federal government can better support social enterprises. It will define social enterprises and study their impact on the economy and social policies within one year of its initial meeting.
Summary
Social Enterprise Ecosystem and Economic Development Commission Act of 2019 or the SEEED Commission Act of 2019 This bill 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.
Bill Text
- Introduced Introduced in House Current html June 20, 2019
Action History
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Introduced in House
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Introduced in House
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Referred to the House Committee on Oversight and Reform.
Sponsors
- David N. Cicilline · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
- Cicilline, David N. Democratic
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 3385 do?
- Social Enterprise Ecosystem and Economic Development Commission Act of 2019 or the SEEED Commission Act of 2019 This bill 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.
- Who sponsors HR 3385?
- HR 3385 is sponsored by Cicilline, David N. (Democratic).
- What is the current status of HR 3385?
- This bill died with 116th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 3385?
- Track HR 3385 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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