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BillHR 8343 · 119

Territorial Small Business Development Act of 2026

Introduced
Apr 16, 2026
Cosponsors
2
Traction
0
Last Action
Apr 16, 2026

Bill Summary

Establishes support for small businesses in US territories, providing them with resources and development opportunities. Funds programs to help these businesses grow and succeed.

Sponsored By

James C. Moylan
Republican · Guam · House

Bill Journey

  1. Apr 16, 2026
  3. Apr 16, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  4. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects small business owners and entrepreneurs in US territories, such as Guam, by providing them with access to resources, training, and funding to help their businesses grow. It also impacts the local economies of these territories by promoting job creation and economic development.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
3backers
  • Republican3
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (2)

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeCommittee on Small Business
IntroducedApr 16, 2026
Last UpdatedApr 16, 2026
Latest ActionReferred to the House Committee on Small Business.
Subjects
  • Economy
  • Retail

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.