OFFICIAL LEGAL TITLE
Supporting NEW BUSINESSES Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 118_S_1221.
Which chamber initiated this legislation?
This legislation was initiated in the Senate.
When did the legislative process begin?
The process officially started on 2023-04-20.
What are the main provisions?
Key points include:
- Federal awards established to recognize local governments that make it easier for citizens to start small businesses.
- Governments are rewarded for reducing paperwork, consolidating resources into online portals, and eliminating overlapping requirements.
- The goal is to reduce the time and effort required for citizens to launch a new economic activity, fostering local entrepreneurship.
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 Sen. Cortez Masto, Catherine [D-NV].
What is the latest detailed status?
The latest detailed status is: Introduced in Senate
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.
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.