S. 2126: PROMISE Act
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S. 2126: PROMISE Act
116th Congress · introduced 2019-07-16 · Commerce · Latest: Read twice and referred to the Committee on Small Business and Entrepreneurship.
federal
Follow this bill, step by step
- Where it came from: introduced 2019-07-16 · official record
- Who proposed it: Sen. Scott, Tim [R-SC] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Read twice and referred to the Committee on Small Business and Entrepreneurship. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
PROMISE Act
Plain summary
Promoting Robust Opportunities for Minority Institutions and Strengthening Entrepreneurship Act or the PROMISE Act This bill requires the Small Business Administration (SBA) to report on various aspects of its relationship with historically black colleges and universities (HBCUs), including the number of small business development centers located at HBCUs, the number of women's business centers and Veteran Business Outreach Centers that have partnerships with HBCUs, and the number of hours of training and education provided by a program overseen by the Office of Entrepreneurial Development of the SBA to students and graduates of HBCUs. In addition, the SBA is directed to promote entrepreneurship and small business opportunities at HBCUs by conducting outreach and providing access to programs, resources, and opportunities offered by the SBA.
Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.
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A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
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What does this mean? (plain words)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Scott, Tim [R-SC] · 1 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Christopher A. Coons (D-DE)
Sponsor's campaign money: Sen. Scott, Tim [R-SC] reported raising $6.7 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116s2126.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/s>
Record fed-us-cong116-s2126 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116