# 116-hr-8120: Increasing Opportunities for Small Businesses Act of 2020

116-hr-8120, Increasing Opportunities for Small Businesses Act of 2020, is a 116th Congress bill sponsored by Rep. Bishop, Dan [R-NC-9] (R-NC); status Referred to the House Committee on Small Business. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8120
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-8120
- Congress: 116
- Title: Increasing Opportunities for Small Businesses Act of 2020
- Status: Referred to the House Committee on Small Business.
- Introduced: 2020-08-28
- Sponsor: Rep. Bishop, Dan [R-NC-9] (R-NC)
- Cosponsors: 1
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Increasing Opportunities for Small Businesses Act of 2020 This bill requires the Small Business Administration (SBA), through specified offices, centers, and programs, to train and educate field representatives on investments in areas designated as qualified opportunity zones. Opportunity zone designation is an economic development tool that facilitates investment in distressed areas to spur economic growth and job creation in low-income communities. Field representatives shall (1) serve as the point of contact for questions and resources on such investments, (2) educate local elected leaders on such investments, and (3) hold an annual seminar in each state to provide education on how to benefit from such investments. The SBA must submit an annual report on the efforts of the field representatives.

## Cosponsors (1)

- Rep. Timmons, William R. [R-SC-4] (R-SC), 2020-08-28T00:00:00.000Z

## Related bills

- 116-hr-8353: Women’s Public Health and Safety Act
- 116-hr-8255: Catawba Indian Nation Lands Act
- 116-hr-7875: Equal Opportunity First Amendment Act
- 116-hr-7841: The American PPE Supply Chain Integrity Act
- 116-hr-7188: Walter Scott Notification Act of 2020
- 116-hr-6863: COVID–19 Accountability Act

## Sources
- [116-hr-8120 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8120)

## Related
- [116-hr-8353: Women’s Public Health and Safety Act](https://policyrisk.com/legislation/116-hr-8353)
- [116-hr-8255: Catawba Indian Nation Lands Act](https://policyrisk.com/legislation/116-hr-8255)
- [116-hr-7875: Equal Opportunity First Amendment Act](https://policyrisk.com/legislation/116-hr-7875)
- [116-hr-7841: The American PPE Supply Chain Integrity Act](https://policyrisk.com/legislation/116-hr-7841)
- [116-hr-7188: Walter Scott Notification Act of 2020](https://policyrisk.com/legislation/116-hr-7188)
- [116-hr-6863: COVID–19 Accountability Act](https://policyrisk.com/legislation/116-hr-6863)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8120 (as of 2025-11-18).