SPARK Act
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
The bill adds or tightens a reporting req provision: 2. Findings Congress finds the following: Studies have found that incubators, accelerators, and other similar models are effective at increasing revenues, the number, expands a neutral technical change provision: 3. Purposes The purposes of the Spark Program established under section 49 of the Small Business Act, as amended by this Act, are to— spur economic growth in underserved, and expands a appropriation, grant, reporting req provision: 4. Spark Program The Small Business Act (15 U.S.C. 631 et seq.) is amended— by redesignating section 49 (15 U.S.C. 631 note) as section 51; and by inserting after. It relies on grants, appropriations, reporting requirements, and loan guarantees. The main policy areas are Defense and Finance.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Adds or tightens a reporting req provision: 2. Findings Congress finds the following: Studies have found that incubators, accelerators, and other similar models are effective at increasing revenues, the number...
- Expands a neutral technical change provision: 3. Purposes The purposes of the Spark Program established under section 49 of the Small Business Act, as amended by this Act, are to— spur economic growth in underserved...
- Expands a appropriation, grant, reporting req provision: 4. Spark Program The Small Business Act (15 U.S.C. 631 et seq.) is amended— by redesignating section 49 (15 U.S.C. 631 note) as section 51; and by inserting after...
- Expands a appropriation, grant, reporting req provision: 49. Spark Program.
- Reduces a appropriation, grant, loan guarantee provision: 5. Spark Financing Program The Small Business Act (15 U.S.C. 631 et seq.), as amended by section 4, is amended by inserting after section 49 the following...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill adds or tightens a reporting req provision: 2. Findings Congress finds the following: Studies have found that incubators, accelerators, and other similar models are effective at increasing revenues, the number, expands a neutral technical change provision: 3. Purposes The purposes of the Spark Program established under section 49 of the Small Business Act, as amended by this Act, are to— spur economic growth in underserved, and expands a appropriation, grant, reporting req provision: 4. Spark Program The Small Business Act (15 U.S.C. 631 et seq.) is amended— by redesignating section 49 (15 U.S.C. 631 note) as section 51; and by inserting after.
Key Policy Areas
Defense, Finance
Primary Purpose
The bill adds or tightens a reporting req provision: 2. Findings Congress finds the following: Studies have found that incubators, accelerators, and other similar models are effective at increasing revenues, the number, expands a neutral technical change provision: 3. Purposes The purposes of the Spark Program established under section 49 of the Small Business Act, as amended by this Act, are to— spur economic growth in underserved, and expands a appropriation, grant, reporting req provision: 4. Spark Program The Small Business Act (15 U.S.C. 631 et seq.) is amended— by redesignating section 49 (15 U.S.C. 631 note) as section 51; and by inserting after.
Policy Domains
Sponsors
Legislative Progress
In CommitteeReferred to the House Committee on Small Business.
Introduced in House
Ms. Pressley introduced the following bill; which was referred to …
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?
- "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
an organization— that— tends to work with startup and newly established small business concerns
an organization— that— tends to work with startup and newly established small business concerns
a small business concern that is— owned by an individual that is a member of an underserved group described in section 49(c)(2)(E)
a small business concern that is— owned by an individual that is a member of an underserved group described in section 49(c)(2)(E)
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