Social Enterprise Commission: Supporting Local Economies and Job Creation
This act establishes a commission to study how the federal government can better support and utilize social enterprises. The goal is to create jobs and strengthen local economies, potentially leading to new opportunities for citizens and communities.
Key points
A Commission on the Advancement of Social Enterprise will be established, operating for approximately one year after defining what a social enterprise is.
The Commission will examine how the government can help social enterprises create jobs and address social and environmental issues.
Recommendations will be developed for tax and financial law reforms to foster social enterprise growth and impact investing.
The Commission will also review how to improve social enterprises' access to federal loans, grants, and contracts.
There is a possibility of creating a directory of social enterprises that citizens, businesses, and the government can support through purchases.
Expired
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