H.R. 6237 (112th): Main Street Stabilization Act of 2012

Introduced:
Jul 31, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Bruce Braley [D-IA1]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 1283 on Mar 20, 2013. See H.R. 1283 for current action on this subject.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


7/31/2012--Introduced.
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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)