arrow_back Civic Audit
Share share

Support for Entrepreneurs Over 50: Business Training and Growth.

This act aims to support older individuals who own businesses by establishing a specialized training program. This program will help them grow their businesses, manage finances, and plan for the future, including selling or transferring their companies. Entrepreneurs over 50 will gain new tools and opportunities for development.
Key points
New 210-day training program for business owners over 50, available both in-person and virtually.
Training covers technology, business expansion, estate management, retirement strategies, and winding down operations (e.g., selling the business).
Access to capital resources, mentorship, networking opportunities, and information on government contracts.
Performance and growth benchmarks for businesses for 2 years after program completion, with feedback provided.
Collection of data on loans and grants to businesses owned by older individuals to better assess their needs.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 117_HR_7552
Sponsor: Rep. Kim, Young [R-CA-39]
Process start date: 2022-04-21
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-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Golden-preneurship Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7552.

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 2022-04-21.

What are the main provisions?

Key points include:

  • New 210-day training program for business owners over 50, available both in-person and virtually.
  • Training covers technology, business expansion, estate management, retirement strategies, and winding down operations (e.g., selling the business).
  • Access to capital resources, mentorship, networking opportunities, and information on government contracts.
  • Performance and growth benchmarks for businesses for 2 years after program completion, with feedback provided.
  • Collection of data on loans and grants to businesses owned by older individuals to better assess their needs.
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. Kim, Young [R-CA-39].

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.

What is the impact of this bill?

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.

CATEGORIES

Economy Labor