# 114-hr-5144: Jumpstart HOUSE Act of 2016

114-hr-5144, Jumpstart HOUSE Act of 2016, is a 114th Congress bill sponsored by Rep. Beatty, Joyce [D-OH-3] (D-OH); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5144
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5144
- Congress: 114
- Title: Jumpstart HOUSE Act of 2016
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2016-04-29
- Sponsor: Rep. Beatty, Joyce [D-OH-3] (D-OH)
- Cosponsors: 0
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Jumpstart Housing Opportunities Utilizing Small Enterprises Act of 2016 or the Jumpstart HOUSE Act of 2016 This bill amends the State Small Business Credit Initiative Act of 2010 to extend for an additional eight fiscal years the State Small Business Credit Initiative to assist participating states to give collateral support and other innovative credit access and guarantee initiatives for small businesses and manufacturers. The bill also prescribes allocations of federal funds to participating states. The Department of the Treasury may award, on a competitive basis, up to a total of $1 billion in two tranches, according to specified criteria, to participating states and consortiums of participating states for use: (1) for making federal contributions to, or for the account of, an approved state program; or (2) as collateral for a qualifying loan or swap funding facility. Small businesses receiving funds from a participating state may use them to: develop, acquire, construct, rehabilitate, maintain, operate, or manage projects for affordable housing for low- or moderate-income households; cover any contribution, matching amount, or non-federal share required in connection with any other federal grant or assistance program to provide such housing; or purchase foreclosed properties and property being sold by a state or local government, but only for the use of such properties for such housing.

## Related bills

- 114-hr-6382: No Religious Registry Act
- 114-hr-6275: Donald Payne Sr. Colorectal Cancer Detection Act of 2016
- 114-hr-6225: Ensuring Diverse Leadership at the Federal Reserve Act of 2016
- 114-hr-6224: Enhancing Minority and Women Representation in NIH Medical Research Act of 2016
- 114-hr-6148: To amend the Safe Drinking Water Act to require the Administrator of the Environmental Protection Agency to publish a maximum contaminant level goal and promul…
- 114-hr-6124: HOMeS Act of 2016

## Sources
- [114-hr-5144 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5144)

## Related
- [114-hr-6382: No Religious Registry Act](https://policyrisk.com/legislation/114-hr-6382)
- [114-hr-6275: Donald Payne Sr. Colorectal Cancer Detection Act of 2016](https://policyrisk.com/legislation/114-hr-6275)
- [114-hr-6225: Ensuring Diverse Leadership at the Federal Reserve Act of 2016](https://policyrisk.com/legislation/114-hr-6225)
- [114-hr-6224: Enhancing Minority and Women Representation in NIH Medical Research Act of 2016](https://policyrisk.com/legislation/114-hr-6224)
- [114-hr-6148: To amend the Safe Drinking Water Act to require the Administrator of the Enviro…](https://policyrisk.com/legislation/114-hr-6148)
- [114-hr-6124: HOMeS Act of 2016](https://policyrisk.com/legislation/114-hr-6124)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5144 (as of 2025-11-18).