What is the official ID of this bill?

The official print number for this legislation is HR 2689.

When did the legislative process begin?

The process officially started on 2021-04-20.

Where can I read the full text of this legislation?

The full official text is available at: https://www.congress.gov/117/bills/hr2689/BILLS-117hr2689ih.htm

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

Who is the primary sponsor?

The primary sponsor is Rep. Green, Al [D-TX-9].

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23.

Analysis and Potential Impact of HR 2689

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

Strengthening Minority Business Support: Access to Capital and Economic Resilience.

Q: What are the main provisions?

Key points include: Statutory establishment of the Minority Business Development Agency (MBDA) within the Department of Commerce to exclusively focus on minority business enterprises (MBEs). Expansion and formalization of MBDA Business Centers providing technical assistance, counseling, and facilitating access to financing and government contracts nationwide. Creation of new grant programs and dedicated Rural Minority Business Centers to address the unique challenges faced by MBEs in rural areas.

This Act formalizes and expands the Minority Business Development Agency (MBDA), ensuring minority business owners gain improved access to capital, contracts, and essential business development services. The goal is to boost the economic resilience of these enterprises, particularly during downturns, and stimulate job creation within minority communities. At least $100 million is authorized annually to fund these programs.

Key points

Statutory establishment of the Minority Business Development Agency (MBDA) within the Department of Commerce to exclusively focus on minority business enterprises (MBEs).

Expansion and formalization of MBDA Business Centers providing technical assistance, counseling, and facilitating access to financing and government contracts nationwide.

Creation of new grant programs and dedicated Rural Minority Business Centers to address the unique challenges faced by MBEs in rural areas.

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Status:

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Additional Information

Minority Business Resiliency Act of 2021

Print number: HR 2689

Sponsor: Rep. Green, Al [D-TX-9]

Process start date: 2021-04-20

System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.

Summarized by: gemini-flash-latest

Source data: api.congress.gov

AI work logs for this document launch

Strengthening Minority Business Support: Access to Capital and Economic Resilience.

Key Questions about Strengthening Minority Business Support: Access to Capital and Economic Resilience.