Legis Daily

SEEED Commission Act of 2022

USA117th CongressHR-9433| House 
| Updated: 12/6/2022
David N. Cicilline

David N. Cicilline

Democratic Representative

Rhode Island

Oversight and Government Reform Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Social Enterprise Ecosystem and Economic Development Commission Act of 2022 or the SEEED Commission Act of 2022 This bill establishes the Commission on the Advancement of Social Enterprise to examine and make recommendations on ways the federal government can support and utilize social enterprises (i.e., businesses created to further a social purpose in a financially sustainable way). The commission must (1) establish criteria for identifying social enterprises, which may include nonprofit and for-profit organizations, for purposes of federal programs; and (2) identify opportunities for the federal government to engage social enterprises in creating jobs and strengthening local economies. The areas studied and potential recommendations offered shall include, among other things the role of social enterprises in addressing economic, social, and environmental policy challenges across all levels of government; corporate legal structures that foster or impede the development of social enterprises; how to encourage impact investing; and barriers to social enterprise growth. The commission shall (1) report to the President and Congress within one year after it establishes criteria by which to identify social enterprise, and (2) terminate 90 days after it submits its report.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-3385
SEEED Commission Act of 2019
Dec 6, 2022
Introduced in House
Dec 6, 2022
Referred to the House Committee on Oversight and Reform.
  • Bill from Previous Congress

    HR 116-3385
    SEEED Commission Act of 2019


  • December 6, 2022
    Introduced in House


  • December 6, 2022
    Referred to the House Committee on Oversight and Reform.

Government Operations and Politics

SEEED Commission Act of 2022

USA117th CongressHR-9433| House 
| Updated: 12/6/2022
Social Enterprise Ecosystem and Economic Development Commission Act of 2022 or the SEEED Commission Act of 2022 This bill establishes the Commission on the Advancement of Social Enterprise to examine and make recommendations on ways the federal government can support and utilize social enterprises (i.e., businesses created to further a social purpose in a financially sustainable way). The commission must (1) establish criteria for identifying social enterprises, which may include nonprofit and for-profit organizations, for purposes of federal programs; and (2) identify opportunities for the federal government to engage social enterprises in creating jobs and strengthening local economies. The areas studied and potential recommendations offered shall include, among other things the role of social enterprises in addressing economic, social, and environmental policy challenges across all levels of government; corporate legal structures that foster or impede the development of social enterprises; how to encourage impact investing; and barriers to social enterprise growth. The commission shall (1) report to the President and Congress within one year after it establishes criteria by which to identify social enterprise, and (2) terminate 90 days after it submits its report.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-3385
SEEED Commission Act of 2019
Dec 6, 2022
Introduced in House
Dec 6, 2022
Referred to the House Committee on Oversight and Reform.
  • Bill from Previous Congress

    HR 116-3385
    SEEED Commission Act of 2019


  • December 6, 2022
    Introduced in House


  • December 6, 2022
    Referred to the House Committee on Oversight and Reform.
David N. Cicilline

David N. Cicilline

Democratic Representative

Rhode Island

Oversight and Government Reform Committee

Government Operations and Politics

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted