Fiscal State of the Nation Resolution This concurrent resolution requires the congressional budget committees to conduct an annual joint hearing to receive a presentation from the Comptroller General regarding (1) the Government Accountability Office's audit of the financial statement of the executive branch, and (2) the financial position and condition of the federal government.
SRES 441 designates November 6, 2021, as National Bison Day to recognize the historical, cultural, and economic significance of bison in the United States. The resolution encourages the American public to observe the day with ceremonies and activities, building on an annual tradition that began in 2012. It highlights bison's role in Native American heritage, conservation efforts, and contributions to rural economies, without creating new legal requirements or funding.
This resolution (1) expresses support for the designation of the week of November 1-November 5, 2021, as National Family Service Learning Week, (2) recognizes the importance of family service learning in cultivating civic engagement and community investment, and (3) encourages the public to support family service learning and community development programs. Family service learning is a multigenerational problem-solving approach that utilizes active participation to meet community needs and develop the skillsets of children and families.
This resolution expresses solidarity with the Cuban people, condemns Cuba's repression of peaceful protestors and journalists, and calls on Cuba to not arrest or detain peaceful protestors and to release all political prisoners and arbitrarily detained individuals. Further, it urges specified U.S. actions to support the Cuban people and their right to demonstrate peacefully in the name of democracy and human rights.
7(a) Loan Agent Oversight Act This bill requires the Small Business Administration (SBA) to submit an annual report containing specified information related to 7(a) loan agents. These agents provide fee-based referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA guarantees up to 80% of a private lender's loan to a small business borrower who cannot obtain credit elsewhere on reasonable terms and conditions. The required report must include (1) the number and type of agents assisting applicants for 7(a) loans, (2) the number of fraudulent loans made for which an applicant used the services of a 7(a) agent, and (3) the number and aggregate dollar value of referral fees paid to 7(a) agents.
Small Business 7(a) Loan Agent Transparency Act This bill provides oversight of 7(a) loan agents, including by requiring the Small Business Administration (SBA) to establish a registration system for such agents whereby certain data may be collected and by mandating that such agents register with the system and pay an annual registration fee. These agents provide referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA guarantees up to 80% of a private lender's loan to a small business borrower who cannot obtain credit elsewhere on reasonable terms and conditions.
Veteran Entrepreneurship Training Act of 2021 This bill provides statutory authority for the Boots to Business Program, which provides entrepreneurship training to individuals including veterans and active members of the Armed Forces, to be administered by the Small Business Administration.
SRES 410 is a Senate resolution recognizing October 2021 as National Cybersecurity Awareness Month. It supports efforts to educate the public on practical cybersecurity steps, such as using strong passwords, enabling multi-factor authentication, and avoiding phishing scams, while encouraging collaboration between government, businesses, and individuals to improve online safety. The resolution does not create new laws or requirements but affirms commitment to raising awareness about protecting personal data and critical infrastructure from cyber threats.
Real Justice for Our Veterans Act of 2021 This bill expands data collection on the effectiveness of veteran treatment court programs, incentivizes local governments to improve retention rates in veteran treatment court programs and drug court programs, and expands options for veterans to participate in drug court programs. First, the bill requires the Department of Justice (DOJ) to report on the effectiveness of veteran treatment court programs. The report must assess the population served by the programs, whether the programs use evidence-based treatments, the recidivism rates of participants, and program completion rates. The report must also assess whether women and racial and ethnic minorities have equal access to the programs and an equal opportunity to participate. Second, the bill requires DOJ's Bureau of Justice Assistance to implement a pilot program to make grants for local governments to improve retention in veteran treatment court programs and drug court programs. Finally, this bill allows a veteran (including a veteran who is a violent offender) to participate in a drug court program instead of a veteran treatment court program if a jurisdiction does not operate a veteran treatment court program.
Young African Leaders Initiative Act of 2021 or the YALI Act of 2021 This bill provides statutory authority for the Young African Leaders Initiative (YALI), which seeks to build the capacity of young African leaders in sub-Saharan Africa in the areas of business, civic engagement, or public administration. The YALI program must support the participation of fellows from Africa in the Mandela Washington Fellowships for Young African Leaders and offer training through regional leadership centers in sub-Saharan Africa to individuals who have demonstrated strong capabilities in entrepreneurship, innovation, public service and leadership, and peace building and conflict resolution. The Department of State must oversee all U.S.-based activities carried out under the program, and the United States should continue to support program initiatives in sub-Saharan Africa. The State Department must also submit a plan for implementing the program and annual reports on program progress and recommendations for improvements or changes to the program.
Family Violence Prevention and Services Improvement Act of 20 21 This bill modifies, expands, and reauthorizes through FY2026 the Family Violence and Prevention Services program, which funds emergency shelters and supports related assistance for victims of domestic violence. Specifically, the bill requires the Department of Health and Human Services (HHS) to award grants and enter cooperative agreements with state and tribal domestic violence coalitions, and community-based organizations, to support prevention services. Depending on the type of organization, grant recipients must use funding to (1) provide technical assistance; (2) promote evidence-informed prevention strategies; (3) implement coordinated, community responses to reduce risk factors for family violence; and (4) develop prevention partnership strategies. Further, HHS must award specified grants to organizations that provide population-specific services in underserved communities and to community-based organizations that provide culturally specific domestic violence services to racial and ethnic minority groups. The bill also establishes a grants program for tribal domestic violence coalitions to support the provision of local, tribal, family domestic or dating violence services and requires HHS to award a grant for the administration of a hotline dedicated to serving Indians affected by domestic violence. In addition, the bill modifies certain program-wide definitions; changes the requirements for specified grant applications, eligibility criteria, and use of funds; and makes other technical revisions.
Financial Exploitation Prevention Act of 2021 This bill allows for the delay of the redemption of a security issued by an open-end investment management company if the company or transfer agent reasonably believes the redemption involves the financial exploitation of an individual age 65 or older or an individual age 18 or older who is unable to protect his or her own interests. Open-end investment management companies offer securities in pooled investment vehicles such as mutual funds. Additionally, the Securities and Exchange Commission must make legislative and regulatory recommendations to address the financial exploitation of such adults.
