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HR 7575118th CongressFailed / ExpiredHouse

Supporting America’s Young Entrepreneurs Act of 2024

Policy Area: Education
View on Congress.gov
Origin Chamber
House
Last Updated
Jul 21, 2025
Latest Action Date
Mar 6, 2024

Latest Action

Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™
Executive Summary

The Supporting America’s Young Entrepreneurs Act of 2024 is a bill introduced in the 118th Congress aimed at promoting entrepreneurship among young Americans. The bill was referred to multiple House committees including Education and the Workforce, Ways and Means, and Small Business for consideration. However, there is no official summary or full text available, and the bill ultimately failed or expired without further legislative action. The policy area is education, suggesting a focus on supporting youth through educational or business development initiatives.

Bottom Line

This bill sought to support young entrepreneurs in the U.S. but did not advance beyond committee referral and expired without enactment.

Policy Risk Level
🟡 Medium
Neutral Risk Assessment
Key Points
  • The bill was introduced in the House during the 118th Congress and referred to three committees for jurisdictional review.
  • No official summary or full text is publicly available, limiting detailed analysis of provisions.
  • The bill is categorized under the education policy area, indicating an emphasis on youth development or entrepreneurship education.
Who Benefits?

['Young entrepreneurs in the United States', 'Educational institutions or programs focused on entrepreneurship', 'Small business sectors potentially supported by youth entrepreneurship initiatives']

Potential Concerns

['Lack of publicly available full text and summary limits understanding of specific provisions and funding mechanisms.', 'The bill’s failure to progress past committee referral suggests possible challenges in garnering sufficient legislative support.', 'Potential oversight and implementation details are unknown due to absence of detailed legislative text.']

Political Context

The bill was introduced in the House and referred to committees with jurisdiction over education, taxation, and small business matters. Its referral to multiple committees indicates a multi-faceted approach to supporting young entrepreneurs. The bill did not advance beyond committee consideration and expired, reflecting the legislative process and priorities during the 118th Congress.

Hidden Impact Review

Hidden impact flags detected: 2

GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

2 Detected
Detected Flags
Indirect Effects

['If enacted, the bill could have encouraged educational institutions to develop or expand entrepreneurship programs targeting youth.', 'Potential stimulation of small business creation among young Americans, possibly impacting local economies.', 'Increased awareness and support for youth entrepreneurship could influence future legislative efforts in education and economic development.']

GovScope Watchdog Notes

The absence of an official summary and full bill text significantly limits transparency and public understanding of the bill's specific provisions and intended impact. Monitoring legislative progress is essential, as this bill did not advance beyond committee referral and expired, highlighting the importance of tracking bills through all stages to assess their potential effects and implementation challenges.

Passage Likelihood: LowConfidence: 70%Model: gpt-4.1-mini

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