To establish a grant program to provide minority business enterprises access to entrepreneurship opportunities, and for other purposes.
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 establish a grant program to provide minority business enterprises access to entrepreneurship opportunities, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Transportation.
Who Benefits and How
financial institutions, investors, and borrowers 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, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H30D4A172A13F4684976A3EFC2B2C491E: 1. Short title This Act may be cited as the Increasing and Developing Entrepreneurship Access Act of 2023 or the IDEA Act of 2023.
- Section H148DA4D8CBFE4CCC915901DC7238ABCF: 2. Grants to provide minority business enterprises access to entrepreneurship opportunities Not later than 180 days after the date of the enactment of this...
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 establish a grant program to provide minority business enterprises access to entrepreneurship opportunities, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Transportation
Primary Purpose
This bill, To establish a grant program to provide minority business enterprises access to entrepreneurship opportunities, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMs. Stevens (for herself and Mrs. Beatty) 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?
- "secretary_of_commerce"
- → Secretary of Commerce
Key Definitions
Terms defined in this bill
an entity that— engages in a partnership with public or private organizations that target minority business enterprises
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