H.R.6237 - Main Street Stabilization Act of 2012

To amend the Small Business Act to provide for grants to small business development centers, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To amend the Small Business Act to provide for grants to small business development centers, and for other purposes. as introduced.
  • Short: Main Street Stabilization Act of 2012 as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
07/31/12
 
 
 
 
 
 
 

Sponsor

Representative

Bruce Braley

D-IA

No Co-Sponsors

Official Summary

Main Street Stabilization Act of 2012 - Directs the Small Business Administration (SBA) to establish a grant program for small business development centers. Requires program funding to be used for: (1) the development of business advisory capacity, (2) the development of online tools and re

Official Summary

Main Street Stabilization Act of 2012 - Directs the Small Business Administration (SBA) to establish a grant program for small business development centers. Requires program funding to be used for:
(1) the development of business advisory capacity,
(2) the development of online tools and resources for struggling small businesses,
(3) the deployment of additional resources to help industry sectors with a high presence of small businesses, and
(4) the development of a listing of financing options for small business capital access. Prohibits the SBA from awarding an entity under this Act more than $250,000 in grant funds.

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