HR3603-118

Introduced

To require the Administrator of the Small Business Administration to establish an Innovation Voucher Grant Program.

118th Congress Introduced May 23, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To require the Administrator of the Small Business Administration to establish an Innovation Voucher Grant Program., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Defense, Labor.

Who Benefits and How

federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H2930531FDA6148898DC882B9ED10D33B: 1. Short title This Act may be cited as the Small Business Innovation Voucher Act of 2023.
  • Section H64CE99F450C14361928A7ECF0EAE13CB: 2. Definitions In this Act: The term Administrator means the Administrator of the Small Business Administration. The term eligible entity means— an institution...
  • Section HEE31C4393AD048C7BD3687FACB1C1894: 3. Innovation Voucher Grant Program Not later than 180 days after the date of enactment of this Act, the Administrator shall establish a program to be known as...
  • Section H6EACDE293C0440DEBCBE559A7A0D9859: 4. Authorization of appropriations There is authorized to be appropriated to the Administrator to carry out the Program $10,000,000 for each of fiscal years...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To require the Administrator of the Small Business Administration to establish an Innovation Voucher Grant Program., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Defense, Labor

Primary Purpose

This bill, To require the Administrator of the Small Business Administration to establish an Innovation Voucher Grant Program., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Defense Labor

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal agencies and legislative administrators: ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,

Legislative Progress

Introduced
Introduced Committee Passed
May 23, 2023

Mr. Crow (for himself and Mr. Burchett) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Government Operations Defense Labor
Actor Mappings
"administrator_of_sba"
→ Administrator of the Small Business Administration
"secretary_of_housing_and_urban_development"
→ Secretary of Housing and Urban Development

Key Definitions

Terms defined in this bill

1 term
"small business concern in an underserved market" §H64CE99F450C14361928A7ECF0EAE13CB

a small business concern— that is located in— a low- to moderate-income community

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology