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EIW Today - June 11th, 2024

Prism Group's Daily Summary



HOUSE AIMS TO PASS SMALL BUSINESS BILLS... Today, the House of Representatives seeks to pass five bills under suspension of the rules, all aimed at supporting small businesses. Please see a summary of the bills being voted on below.

  

This bill mandates federal agencies to include in their annual scorecard the number of small businesses receiving a prime contract for the first time, focusing on those owned and controlled by service-disabled veterans, HUBZone small businesses, socially and economically disadvantaged individuals, and women. 

  

This bill requires the SBA to assist individuals with disabilities in becoming entrepreneurs or self-employed, help them find employment at small businesses, and support small businesses in hiring and addressing accessibility issues. The SBA must also conduct outreach and education on these activities, with established reporting requirements. 

  

This bill instructs the SBA Administrator to issue rules for canceled solicitations and amend the Small Business Act to provide assistance related to these cancellations, enhancing transparency and predictability in small business opportunities. 

  

This bill directs the SBA's Office of Disaster Recovery and Resilience to ensure individuals in disaster-declared rural areas have full access to disaster assistance, including targeted outreach and marketing materials. 

  

Rep. Mann - H.R. 7104: National SBDC Advisory Board Improvement Act This bill requires the National Small Business Development Center Advisory Board to annually report on its activities, including any recommendations for improving the Small Business Administration's small business development center program. The program provides counseling and training to small businesses to support business start-ups and existing business expansion. 


WORKFORCE REAUTHORIZATION HEARING IN THE SENATE… Tomorrow, the Senate Health, Education, Labor, and Pensions (HELP) will hold a hearing examining the Workforce Innovation & Opportunity Act (WIOA) as reauthorization efforts continue. In April, the House passed A Stronger Workforce for America Act (ASWA), which reauthorizes WIOA, on a 378-26 bipartisan vote. Senate negotiations have been less fruitful due to clashing priorities and the upcoming 2024 elections. 


UPCOMING INTELLECTUAL PROPERTY HEARING IN THE HOUSE... The House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet will hold a hearing titled “The U.S. Intellectual Property System and the Impact of Litigation Financed by Third-Party Investors and Foreign Entities” tomorrow, June 12th, at 2:00pm ET. The hearing will be focused on the role intellectual property plays in national security.  


THE STATE OF THE STATES 


SESSIONS BY THE NUMBERS: 


Eleven state legislatures are in regular session. South Carolina is in special session.

 

WHAT WE'RE WATCHING: 


In Louisiana, Nunez Community College will launch a two-year program this fall to train students as turbine technicians for the wind energy sector. This program is the first of its kind in Louisiana, and offers hands-on training and full scholarships, and will prepare graduates for high-paying jobs in offshore wind farms in the Gulf of Mexico. 

 

New Jersey’s thriving life sciences sector has been covered in the 2024 New Jersey Life Sciences Report, with top research universities, a highly skilled workforce, and world-class facilities cited as factors. With significant investments and a strategic location, New Jersey continues to attract life sciences companies and support ambitious growth in biopharmaceutical manufacturing and R&D. 

 

LAWMAKERS... IN OR OUT? 


The House... convenes today at 12:00 PM ET. The full schedule may be found here. 

The Senate... convenes today at 3:00 PM ET. The full schedule may be found here


HAPPENING ON THE HILL 


The House...   

Committee on Financial Services will hold a hearing Wednesday, 6/12 at 10:00 AM entitled “Oversight of the FDIC’s Failed Leadership and Toxic Workplace Culture.” 

Committee on Financial Services will hold a hearing Thursday, 6/13 at 10:00 AM entitled “The Semi-Annual Report of the Bureau of Consumer Financial Protection.” 

Committee on Ways & Means' Trade Subcommittee will hold a hearing Wednesday, 6/12 at 1:15 PM entitled “Looking Beyond 2025 for Trade with Sub-Saharan Africa, Haiti, and others.” 

Committee on Ways & Means' Trade Subcommittee will hold a hearing Thursday, 6/13 at 10:00 AM entitled “Crisis on Campus: Antisemitism, Radical Faculty, and the Failure of University Leadership.” 

Committee on Energy & Commerce Environment, Manufacturing, & Critical Minerals Subcommittee will hold a hearing Thursday, 6/13 at 10:30 AM entitled “Securing America’s Critical Materials Supply Chains and Economic Leadership.” 

 

The Senate...  

Committee on Banking, Housing & Urban Affairs will hold a hearing Wednesday, 6/12 at 9:45 AM entitled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress.” 

Committee on Help, Education, Labor & Pensions will hold a hearing Wednesday, 6/12 at 10:00 AM entitled “The Workforce Innovation and Opportunity Act: Supporting Efforts to Meet the Needs of Youth, Workers, and Employers.” 

Committee on Help, Education, Labor & Pensions' Employment & Workplace Safety Subcommittee will hold a hearing Wednesday, 6/12 at 10:00 AM entitled “Digging Deeper: Building Our Critical Minerals Workforce.” 

Committee on Appropriations Subcommittee will hold a closed hearing Wednesday, 6/12 at 10:00 AM entitled “CLOSED: A Review of the President’s Fiscal Year 2025 Budget Request for the Central Intelligence Agency and the National Security Agency.” 

Committee on Appropriations Subcommittee will hold a hearing Thursday, 6/13 at 10:00 AM entitled “A Review of the President’s Fiscal Year 2025 Budget Request for the U.S. Securities and Exchange Commission and the Commodity Futures Trade Commission.” 

Committee on Finance will hold a hearing Wednesday, 6/12 at 10:00 AM entitled “Youth Residential Treatment Facilities: Examining Failures and Solutions.”  

Committee on Judiciary will hold a hearing Wednesday, 6/12 at 10:00 AM entitled “Combatting the Youth Vaping Epidemic by Enhancing Enforcement Against Illegal E-Cigarettes.” 

Committee on Judiciary will hold a hearing Wednesday, 6/12 at 2:00 PM entitled “Crossing the Line: Abortion Bans and Interstate Travel for Care After Dobbs.” 

Committee on Judiciary will hold a hearing Thursday, 6/13 at 10:00 AM entitled “Executive Business Meeting.” 


BILLS OF INTEREST 


  • Check back tomorrow for possible updates.


AT THE AGENCIES 


The U.S. Department of Labor 

The U.S. Department of Labor released a statement announcing the recovery $253,000 for 19 restaurant workers in Albuquerque, New Mexico.  


The U.S. Department of Labor released a statement announcing the recovery of back wages and damages for landscaping, installation workers in Long Island, New York. . 


The U.S. Department of the Treasury 

The U.S. Department of the Treasury announced in a press release the targeting of companies and vessels behind illicit Houthi shipments. 

 

The U.S. Department of Commerce 

The U.S. Department of Commerce announced in a press release the Biden-Harris Administration agreed on terms to expand production of semiconductors with Rock. 

 

The U.S. Trade Representative  

Check back tomorrow for possible updates. 

 

The U.S. Small Business Administration 

Check back tomorrow for possible updates. 

 

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