Bill · H.R. 8416· House(119-HR-8416)
Prison to Proprietorship for the Formerly Incarcerated Act
- Introduced
- 4/21/2026
- Last activity
- 4/21/2026 — Referred to the House Committee on Small Business.
- Sponsored by
- Morgan McGarvey
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, titled the "Prison to Proprietorship for the Formerly Incarcerated Act," aims to amend the Small Business Act. It seeks to provide entrepreneurship counseling and training services to individuals formerly incarcerated in a Federal prison. The Administrator, working with the Director of the Bureau of Prisons, would require the Service Corps of Retired Executives to provide these services nationwide. The program includes mentoring, workshops, and instructional videos to help individuals start or expand small businesses. It also focuses on teaching skills like drafting business plans and identifying capital. Finally, the bill requires regular reports on the effectiveness and demographics of the program.
Yes· 3 of 10
Does this make it easier to run a small business?+6
The bill expands support for small businesses by providing training and mentorship to formerly incarcerated individuals.
Would business owners be better off under this?+5
The bill creates a new pathway for individuals to become and grow their own small business concerns.
Is this likely to create jobs?+4
The bill facilitates business ownership through counseling and training, which can lead to new jobs.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Entrepreneurial Support for Formerly Incarcerated Individuals: Individuals who were formerly incarcerated in a Federal prison can receive specific help to start or grow a small business through mentoring, workshops, and instructional videos (Section 2(a) and 2(b)(1)).
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Skill Development and Business Planning: Covered individuals can gain necessary tools and knowledge to identify business opportunities, including drafting skills profiles, business plans, and transition plans (Section 2(b)(2)(A)).
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Access to Capital and Resources: The bill provides assistance in identifying sources of capital and connecting with local resources for small business concerns (Section 2(b)(2)(C) and 2(c)(2)-(3)).
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Long-term Mentorship: Individuals can receive regular, individualized mentoring sessions over the course of a year to support their growth as entrepreneurs (Section 2(c)(1)).
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+6Increases Job Creation+4Improves Economic Growth+3
- Demographic And Interest Groups
- Good For Business Owners+5Good For Low Income Households+4Good For African Americans+3
- Social Issues And Justice
- Improves Poverty Reduction+4Improves Racial Equity+3Improves Criminal Sentencing Reform+2
- Governance And Ideology
- Improves Government Transparency+2
- 4/21/2026
- Referred to the House Committee on Small Business.
- 1 Cosponsor added.
- Introduced in House
Tim BurchettRepublican · Tennessee