To require the Administrator of the Small Business Administration to establish an Innovation Voucher Grant Program.
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 S1: 1. Short title This Act may be cited as the Small Business Innovation Voucher Act of 2023.
- Section idC94AC9424EF0416F802EE00AD2461C67: 2. Definitions In this Act: The term Administrator means the Administrator of the Small Business Administration. The term eligible entity means— an institution...
- Section id76A66CF7E6E64C46B7BFBBB068BC3DF8: 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 idE23914B1768749DE818B81AFB5265329: 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
Whole bill
Identified Gains
- federal agencies and legislative administrators
Identified Costs
- federal implementing agencies
Sponsors
Legislative Progress
IntroducedMs. Cortez Masto (for herself and Mr. Young) introduced the …
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
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