S1499-119

Introduced

To establish a program awarding competitive grants to organizations administering entrepreneurial development programming to currently incarcerated and formerly incarcerated individuals, and other purposes.

119th Congress Introduced Apr 28, 2025

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 program awarding competitive grants to organizations administering entrepreneurial development programming to currently incarcerated and formerly incarcerated individuals, and other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Labor.

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 S1: 1. Short title This Act may be cited as the New Start Act of 2025.
  • Section id072C8FB452BA4CD9ABC2C8AA94F988DF: 2. Findings Congress finds that— according to the Department of Justice, every year, around 600,000 individuals are released from prison and return home to...
  • Section idE5912CDB0B8E4078A5B2FD0A6EE451E1: 3. Entrepreneurship counseling and training for justice-impacted individuals The Small Business Act (15 U.S.C. 631 et seq.) is amended— by redesignating...
  • Section id939bb7a83c4f4f2f9c9e32eec2e7e1e4: 49. New Start Program In this section: The term appropriate committees of Congress means— the Committee on Small Business and Entrepreneurship of the Senate;...

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 program awarding competitive grants to organizations administering entrepreneurial development programming to currently incarcerated and formerly incarcerated individuals, and other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Government Operations, Labor

Primary Purpose

This bill, To establish a program awarding competitive grants to organizations administering entrepreneurial development programming to currently incarcerated and formerly incarcerated individuals, and other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Government Operations Labor

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers: ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
financial institutions, investors, and borrowers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Apr 28, 2025

Mr. Markey (for himself and Mr. Booker) 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
Finance Government Operations Labor
Actor Mappings
"the_administrator"
→ The Administrator identified in the operative section

Key Definitions

Terms defined in this bill

2 terms
"formerly incarcerated individual" §id939bb7a83c4f4f2f9c9e32eec2e7e1e4

an individual who— completed a term of imprisonment in Federal, State, or local jail or prison

"formerly incarcerated individual" §idE5912CDB0B8E4078A5B2FD0A6EE451E1

an individual who—(A)completed a term of imprisonment in Federal, State, or local jail or prison

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