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Entrepreneurship support program for formerly incarcerated individuals

This act establishes a pilot program to help individuals released from prison start their own businesses. The goal is to reduce unemployment and re-offending rates by providing entrepreneurship training and access to small loans. The program will run for 5 years and support organizations offering such assistance.
Key points
Formerly incarcerated individuals can receive support to start their own businesses.
The program aims to reduce recidivism and improve financial stability for participants.
Organizations providing entrepreneurship training to former prisoners will be eligible for grants.
Support includes training, mentorship, and access to microloans for business startup.
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Expired
Citizen Poll
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Additional Information
Print number: 117_HR_6326
Sponsor: Rep. Carter, Troy [D-LA-2]
Process start date: 2021-12-20
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

NEW START Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6326.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-12-20.

What are the main provisions?

Key points include:

  • Formerly incarcerated individuals can receive support to start their own businesses.
  • The program aims to reduce recidivism and improve financial stability for participants.
  • Organizations providing entrepreneurship training to former prisoners will be eligible for grants.
  • Support includes training, mentorship, and access to microloans for business startup.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Carter, Troy [D-LA-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Labor Economy Courts and Law