District of Columbia Council Period 25 Status: Enacted

B 25-0643 — Ward 8 Community Investment Fund Clarification Congressional Review Emergency Act of 2024

Last action — Act A25-0383 Published in DC Register Vol 71 and Page 001452, Expires on May 01, 2024

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Council
  4. ✓
    To Executive
  5. 5
    Enacted

This bill has been enacted into law. Introduced January 04, 2024. Enacted.

Prognosis

Likely to advance 70% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

67 added · 69 removed

Plain-language change summary

The amendments to Bill B 25-0643 clarify the authority of the Department of Small and Local Business Development to issue grants specifically for entrepreneurs and businesses in Ward 8. The changes specify the amounts for grants and microloans, allowing up to $5,000 for startup costs and up to $10,000 for businesses that have been operating for at least one year. This matters because it provides more targeted financial assistance to support local entrepreneurs in Ward 8, helping to foster economic growth and sustainability in the area.

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___________________________ Councilmember Trayon White Sr.
ENROLLED ORIGINAL AN ACT _________________ IN THE COUNCIL OF THE DISTRICT OF COLUMBIA _________________________ To declare the existence of an emergency, due to congressional review, and to clarify, on an emergency basis, the Department of Small and Local Business Development’s authority to issue grants to eligible entrepreneurs and for-profit businesses in Ward 8.
4 A BILL 7 _________________ 9 IN THE COUNCIL OF THE DISTRICT OF COLUMBIA ______________ To declare the existence of an emergency, due to congressional review, and to clarify, on an emergency basis, the Department of Small and Local Business Development’s authority to issue grants to eligible entrepreneurs and for-profit businesses in Ward 8.
Official Code § 1-328.11 et seq.), in Fiscal Year 2024 and each subsequent fiscal year, the Department of Small and Local Business Development shall issue a grant in the amount appropriated for the Ward 8 Community Investment Fund to the DC Community Development Consortium Institute to provide grants or microloans, to eligible entrepreneurs and businesses seeking to establish or sustain for-profit businesses in Ward 8.
Official Code § 1-328.13), in Fiscal Year and each subsequent fiscal year, the Department of Small and Local Business Development shall issue a grant in the amount appropriated for the Ward 8 Community Investment Fund to the DC Community Development Consortium Institute to provide grants or microloans to eligible entrepreneurs and businesses seeking to establish or sustain for-profit businesses in Ward 8.
(b) The following persons and entities are eligible to receive grants in the specified amounts:
(b) The following persons and entities shall be eligible to receive grants in the specified amounts:
(c) The DC Community Development Consortium Institute may use up to 20% of the total annual grant amount to support operating costs and to provide technical assistance to, eligible applicants and grantees.
(c) The DC Community Development Consortium Institute may use up to 20% of the total annual grant amount to support operating costs, and to provide technical assistance to, eligible applicants and grantees.
(1) The number of applications received;
ENROLLED ORIGINAL (1) The number of applications received;
(e) The DC Community Development Consortium Institute shall give Ward 8 residents control over the deployment of capital received from the grant through a grant-review committee comprised of seven (7) Ward 8 residents selected annually through an open application process.
(e) The DC Community Development Consortium Institute shall give Ward 8 residents control over the deployment of capital received from the grant through a grant-review committee comprised of 7 Ward 8 residents selected annually through an open application process.
The DC Community Development Consortium Institute shall establish procedures to identify and eliminate conflicts of interest with potential recipients through the grant-review committee, and provide technical and administrative support to the grant-review committee, as necessary.
The DC Community Development Consortium Institute shall establish procedures to identify and eliminate conflicts of interest with potential recipients through the grant-review committee and provide technical and administrative support to the grant-review committee, as necessary.
Fiscal impact.
Applicability.
The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact statement required by section 4a of the General Legislative Procedures Act of 1975, approved October 16, 2006 (120 Stat.
This act shall apply as of January 24, 2024.
2038;
D.C.
Official Code § 1 301.47a).
3.
4.
Fiscal impact.
Fiscal impact statement.
4.
5.
This act shall take effect following approval by the Mayor (or in the event of veto by the Mayor, action by the Council to override the veto), and shall remain in effect for no longer than 90 days, as provided for emergency acts of the Council of the District of Columbia in section 412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat.
This act shall take effect following approval by the Mayor (or in the event of veto by the Mayor, action by the Council to override the veto), and shall remain in effect for no longer than days, as provided for emergency acts of the Council of the District of Columbia in section ENROLLED ORIGINAL 412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat.
______________________________ Chairman Council of the District of Columbia _________________________________ Mayor District of Columbia 3
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Action History

  1. Act A25-0383 Published in DC Register Vol 71 and Page 001452, Expires on May 01, 2024

  2. Returned from Mayor

  3. Signed by the Mayor and Enacted with Act Number A25-0383, Expires on May 01, 2024

  4. Transmitted to Mayor, Response Due on Feb 05, 2024

  5. Final Reading, CC

  6. Retained by the Council

  7. B25-0643 Introduced by Councilmember T. White at Office of the Secretary

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 13 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (13)

"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Final Reading, CC

Passed 13 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 13000
Total 13000
% of votes cast 100%0%0%0%
How each member voted (13)
Member Party Vote
Anita Bonds — Yea
Brianne K. Nadeau — Yea
Brooke Pinto — Yea
Charles Allen — Yea
Christina Henderson — Yea
Janeese Lewis George — Yea
Kenyan R. McDuffie — Yea
Matthew Frumin — Yea
Phil Mendelson — Yea
Robert C. White, Jr. — Yea
Trayon White, Sr. — Yea
Vincent Gray — Yea
Zachary Parker — Yea

Official roll call →

Subjects

finance housing
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Frequently asked questions

Who sponsors B 25-0643?
B 25-0643 is sponsored by Trayon White, Sr..
What is the current status of B 25-0643?
This bill has been enacted into law. Introduced January 04, 2024. Enacted.
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