Latest action: Read twice and referred to the Committee on Small Business and Entrepreneurship.
Referred to one or more standing committees for review, hearings, and possible markup.
Specific committees not parsed from action data.
The committee may hold hearings, amend the bill, or let it die without action.
Next: Reported
Full chamber floor — Speaker / Majority Leader controls scheduling
S 5631 SOAR Act aims to support small business growth and entrepreneurship through unspecified mechanisms.
The problem
Small businesses face challenges in starting, operating, and expanding. This bill addresses barriers to entrepreneurial success and economic opportunity.
The proposal
The bill proposes measures to assist small business owners, though specific provisions are not yet publicly available in committee.
The impact
Small business owners and entrepreneurs would be affected. The extent depends on final bill language and implementation scope.
Legislation targeting small businesses can help create jobs and boost local economies. This may increase entrepreneurial activity and economic growth in communities.
Supporting small businesses often leads to new job opportunities. Small firms are major employers in many communities and regions.
Programs assisting entrepreneurs can expand access to business ownership. This may reduce economic inequality and increase upward mobility.
Without specific details, the bill's fiscal impact is unclear. Government funding requirements and budget effects cannot be assessed.
The absence of detailed provisions makes it difficult to evaluate effectiveness. Poor design could waste resources without achieving stated goals.
Government programs sometimes fail to reach intended beneficiaries effectively. Results may not match initial intentions or cost-benefit expectations.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
Senate LDA lobbying disclosures
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