# 119-s-3876: SPARK Act

119-s-3876, SPARK Act, is a 119th Congress bill sponsored by Sen. Markey, Edward J. [D-MA] (D-MA); status introduced; PRIA reads it as touching household money (as of 2026-09-10).

- Canonical: https://policyrisk.com/legislation/119-s-3876
- As of: 2026-09-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3876
- Congress: 119
- Title: SPARK Act
- Status: introduced
- Introduced: 2026-02-12
- Sponsor: Sen. Markey, Edward J. [D-MA] (D-MA)
- Cosponsors: 2
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-09-10

## Summary

**Would create a new SBA program to seed local, place-based entrepreneurship hubs.** These hubs would pair hands-on counseling and structured mentorship with targeted financing to help startups and growing small businesses in underserved places.

## Cosponsors (2)

- Sen. Hirono, Mazie K. [D-HI] (D-HI), 2026-02-12T00:00:00.000Z
- Sen. Booker, Cory A. [D-NJ] (D-NJ), 2026-02-12T00:00:00.000Z

## Provisions PRIA read

- New grants and loans for small businesses: benefit, high. This bill would create a Spark Financing Program within one year to give grants and loans to small businesses through covered entities. Covered entities with a SPARK cooperative agreement could get up to $1,000,000 per year. Covered entities without an agreement could get up to $500,000 per year an…
- Five-year local business support projects: benefit, medium. This bill would create the SPARK Program within one year to fund local, place-based projects for five years. Projects could be renewed for additional three-year terms. Projects would need full-time staff and a director, be sited to be accessible, and provide one-to-one counseling plus a formal ment…
- New SBA rules and fraud clawbacks: mixed, medium. This bill would require the SBA to issue rules within one year to verify correct use of Spark program money and to set clawback rules for fraud. The SBA would also study within two years whether examination and reporting rules should vary by project type or location and would send that report to Co…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-5283: Momnibus Act
- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-2823: FAMILY Act
- 119-s-2763: Keep Billionaires Out of Social Security Act
- 119-s-3869: Healthy Families Act

## Sources
- [119-s-3876 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3876)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-2763: Keep Billionaires Out of Social Security Act](https://policyrisk.com/legislation/119-s-2763)
- [119-s-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3876 (as of 2026-09-10).