Small Business Administration
US Congress 116th Congress
STEP Improvement Act of 2020 [HB-6133]
[Small Business ]
[Trade ]
[Labor, Jobs, Employment ]
[Economic Development ]
Reauthorizes through FY2024 the Small Business Administration's (SBA) State Trade Expansion Program, which provides foreign trade assistance to small businesses, and it revises provisions related to the administration of the program. Specifically, the SBA must establish a time frame for, and provide certain information related to, the application process, and it must conduct an annual survey to solicit feedback on the program. The SBA must collect data on certain performance metrics such as the (1) total number of small businesses assisted by the
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Sponsored by: Rep. Abby Finkenauer
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 09/15/2020
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Microloan Transparency and Accountability Act of 2020 [HB-6078]
[Small Business ]
[Finance ]
[Budget and Spending ]
[Economic Development ]
Modifies provisions related to the Small Business Administration's (SBA) disbursement of certain financial assistance. Specifically, the bill establishes a 5% technical assistance grant for certain intermediaries, including intermediaries who make 25% of their loans to rural small businesses. Further, the bill requires the SBA to report certain metrics related to the disbursement of microloans to small businesses, including (1) the number, amount, and percentage of such loans that went into default in the previous year; (2) the extent to which microloans
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Sponsored by: Sen. Andy Kim
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 09/15/2020
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Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 [HB-6074]
[Healthcare ]
[Small Business ]
[Public Health ]
[Disaster Relief ]
[Funding ]
[Grants ]
[International ]
[Medicare and Medicaid ]
[Budget and Spending ]
[Telecommunications ]
Provides $8.3 billion in emergency funding for federal agencies to respond to the coronavirus outbreak. DIVISION A--CORONAVIRUS PREPAREDNESS AND RESPONSE SUPPLEMENTAL APPROPRIATIONS ACT, 2020 Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 This division provides FY2020 supplemental appropriations for the Department of Health and Human Services (HHS), the State Department, and the Small Business Administration to respond to the coronavirus outbreak. The division funds programs that address issues such as developing, manufacturing,
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Sponsored by: Rep. Nita M. Lowey
Became Public Law No: 116-123. (txt | Pdf) on 03/06/2020
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Unlocking Opportunities for Small Businesses Act of 2019 [HB-5146]
[Small Business ]
[Labor, Jobs, Employment ]
[Economic Development ]
Requires the past performance of a small business concern to be taken into account in certain situations. Specifically, when a small business previously participated in a joint venture, an agency's contracting officer must consider the past performance of the joint venture when evaluating the small business's offer for a prime contract. In addition, a small business that performed as a first-tier subcontractor for an agency contract may request that the prime contractor submit to a contracting agency a record of past performance, and the agency's
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Sponsored by: Rep. Dwight Evans
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 01/09/2020
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A resolution designating the week of November 4 through November 8, 2019, as "National Veterans Small Business Week". [SR-413]
[Veterans ]
[Small Business ]
[Labor, Jobs, Employment ]
[Economic Development ]
This resolution designates November 4–8, 2019, as National Veterans Small Business Week, expresses support for the goals and ideals of National Veterans Small Business Week, celebrates the millions of people in the United States—especially veterans and their spouses—who benefit from Small Business Administration programs, and expresses appreciation for the continued service of the nation's veterans through small business ownership and entrepreneurship.
Sponsored by: Sen. Jack Reed
Submitted In The Senate, Considered, And Agreed To Without Amendment And With A Preamble By Unanimous Consent. on 11/07/2019
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Supporting the goals and ideals of National Veterans Small Business Week. [HR-677]
[Veterans ]
[Small Business ]
[Labor, Jobs, Employment ]
[Economic Development ]
This resolution expresses the House of Representatives' support for the goals and ideals of National Veterans Small Business Week, celebrates the millions of people in the United States—especially veterans and their spouses—who benefit from Small Business Administration programs, and expresses appreciation for the continued service to the United States by the nation's veterans through small business ownership and entrepreneurship.
Sponsored by: Rep. Judy Chu
Introduced In House on 11/01/2019
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Women's Business Centers Improvements Act of 2019 [HB-4405]
[Small Business ]
[Funding ]
[Grants ]
[Labor, Jobs, Employment ]
[Economic Development ]
Reauthorizes the Women's Business Center Program through FY2023, raises the cap on individual center grants, establishes an accreditation program for grant recipients, and revises the duties of the Office of Women's Business Ownership. Specifically, the bill modifies the Women's Business Center Program to enable the Small Business Administration (SBA) to provide initial and continuation grants to eligible entities to operate women's business centers for the benefit of women-owned small businesses. An entity must agree to obtain matching, non-federal
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Sponsored by: Rep. James P. McGovern
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 10/22/2019
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Women and Minority Equity Investment Act of 2019 [HB-3633]
[Small Business ]
[Race and Civil Rights ]
[Finance ]
[Investments ]
[Funding ]
Modifies eligibility requirements for Small Business Administration (SBA) contracting opportunities available to a woman- or minority-owned business. Currently, to be eligible for certain SBA programs, a woman or minority business owner must own an unconditional majority (at least 51%) of their business. However, the bill allows a woman- or minority-owned small business to maintain its contracting eligibility in the event a venture capital or private equity firm purchases an ownership stake in the business, so long as the purchasing enterprise is
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Sponsored by: Rep. Robin Kelly
Introduced In House on 07/09/2019
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Strengthening Investment to Grow Manufacturing in America Act [S.2131]
[Manufacturing ]
[Small Business ]
[Labor, Jobs, Employment ]
[Veterans ]
[Construction ]
[Economic Development ]
[Technology and Innovation ]
[Finance ]
[Budget and Spending ]
[Funding ]
[Grants ]
[National Security ]
Provides incentives, investment, and resources for U.S. small manufacturers. Specifically, the bill increases the maximum loan guarantee rate for Small Business Association (SBA) loans to manufacturers, and it increases the limit for loans to be used for plant acquisition, construction, conversion, and expansion. The bill also eliminates guarantee fees paid by small manufacturers for loans under $350,000 and reduces the fees on loans over that amount. For acquisition and construction loans, the bill reduces the financing requirement for small manufacturers
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Sponsored by: Sen. Christopher A. Coons
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 07/16/2019
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Hemp for Victory Act of 2019 [HB-3652]
[Agriculture ]
To provide for the study and promotion of hemp.
Sponsored by: Rep. Tulsi Gabbard
Referred To The Subcommittee On Health. on 07/25/2019
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SBIC Licensing Improvement Act [S.2188]
[Small Business ]
[Finance ]
[Law Enforcement ]
[Economic Development ]
Modifies the timeline and creates an appeals process for the approval or disapproval of Small Business Investment Company (SBIC) license applications. Specifically, when an application to be licensed as an SBIC is approved, the bill requires the Small Business Administration to issue such license within 10 business days. The bill also (1) authorizes an applicant whose application is denied to request a written decision for the disapproval, and (2) establishes an appeals process for such applicant. Lastly, the bill allows a state development company
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Sponsored by: Sen. Christopher A. Coons
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 07/18/2019
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Strengthening Investment to Grow Manufacturing in America Act [HB-3730]
[Manufacturing ]
[Small Business ]
[Labor, Jobs, Employment ]
[Veterans ]
[Economic Development ]
[Construction ]
[Technology and Innovation ]
[Finance ]
[Budget and Spending ]
[National Security ]
Provides incentives, investment, and resources for U.S. small manufacturers. Specifically, the bill increases the maximum loan guarantee rate for Small Business Association (SBA) loans to manufacturers, and it increases the limit for loans to be used for plant acquisition, construction, conversion, and expansion. The bill also eliminates guarantee fees paid by small manufacturers for loans under $350,000 and reduces the fees on loans over that amount. For acquisition and construction loans, the bill reduces the financing requirement for small manufacturers
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Sponsored by: Rep. Tim Ryan
Introduced In House on 07/11/2019
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Women and Minority Equity Investment Act of 2019 [S.1981]
[Small Business ]
[Race and Civil Rights ]
[Finance ]
[Investments ]
[Funding ]
Modifies eligibility requirements for Small Business Administration (SBA) contracting opportunities available to a woman- or minority-owned business. Currently, to be eligible for certain SBA programs, a woman or minority business owner must own an unconditional majority (at least 51%) of their business. However, the bill allows a woman- or minority-owned small business to maintain its contracting eligibility in the event a venture capital or private equity firm purchases an ownership stake in the business, so long as the purchasing enterprise is
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Sponsored by: Sen. Marco Rubio
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 06/26/2019
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FEMA Modernization Act of 2019 [HB-3060]
[Disaster Relief ]
[Small Business ]
[Public Health ]
[Funding ]
[Grants ]
[Economic Development ]
[Public Safety ]
Revamps, modifies, and revises the organization, activities, and processes of the Federal Emergency Management Agency (FEMA). Among other things, it requires FEMA to divide its Office of Response and Recovery into an Office of Disaster Response and an Office of Disaster Recovery, and to report on its ability to support a state managed and locally executed casework management system to coordinate and deliver direct assistance to disaster survivors. Disaster Recovery Small Business Grant Act The bill establishes within the Small Business Administration
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Sponsored by: Rep. Henry C. Johnson
Referred To The Subcommittee On Immigration And Citizenship. on 06/28/2019
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Accelerating Defense Innovation Act of 2019 [HB-3014]
[Defense ]
[Small Business ]
[Technology and Innovation ]
[Cybersecurity ]
[National Security ]
[Military ]
[Science ]
[Funding ]
[Grants ]
[Economic Development ]
Establishes a pilot program within the Department of Defense (DOD) to grant money to certain small businesses and modifies provisions related to DOD funding of small businesses through Small Business Administration programs. Specifically, the bill creates the Domestic Investment Pilot Program, which allows DOD and service acquisition executives for each military department to make a Small Business Innovation Research (SBIR) program award to small businesses that are majority-owned by multiple domestic venture investors. However, no more than 15%
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Sponsored by: Rep. Robert J. Wittman
Introduced In House on 05/23/2019
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Small Business Disaster Relief Act of 2019 [HB-2936]
[Small Business ]
[Disaster Relief ]
[Funding ]
[Grants ]
[Economic Development ]
Provides relief funding for small businesses and enterprises deemed vital to recovery efforts in a disaster area. Specifically, the bill authorizes the Small Business Administration (SBA) to exceed the $100,000 cap on small business development center assistance grants to accommodate extraordinary occurrences that have a catastrophic impact on small business concerns in a community. The bill also authorizes the SBA and the Farm Service Agency to provide loans for enterprises that are vital to disaster recovery efforts. Such loans shall be made without
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Sponsored by: Rep. Peter T. King
Referred To The Subcommittee On Commodity Exchanges, Energy, And Credit. on 06/21/2019
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Small Business Regulatory Relief Act [HB-2673]
[Small Business ]
[Labor, Jobs, Employment ]
[Economic Development ]
[Budget and Spending ]
[Finance ]
[Consumer Protection ]
Requires the Small Business Administration (SBA) to coordinate with various regulatory agencies in developing best practices for providing assistance to small businesses. The best practices shall assist the agencies in conducting programs, education, and training to help small businesses meet regulatory requirements. The SBA must also work with each agency to develop outreach initiatives to increase businesses' awareness of such assistance.
Sponsored by: Rep. Nydia M. Velazquez
Introduced In House on 05/10/2019
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Small Business Regulatory Relief Act of 2019 [S.1409]
[Small Business ]
[Labor, Jobs, Employment ]
[Economic Development ]
[Budget and Spending ]
[Finance ]
Requires the Small Business Administration (SBA) to coordinate with various regulatory agencies in developing best practices for providing assistance to small businesses. The best practices shall assist the agencies in conducting programs, education, and training to help small businesses meet regulatory requirements. The SBA must also work with each agency to develop outreach initiatives to increase businesses' awareness of such assistance.
Sponsored by: Sen. Amy Klobuchar
Committee On Small Business And Entrepreneurship. Hearings Held. on 05/22/2019
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Study of Office of Rural Affairs, within the Small Business Administration [HB-2633]
[Small Business ]
[Economic Development ]
Requires the Small Business Administration to report on the costs and potential benefits of establishing a successor to the Office of Rural Affairs.
Sponsored by: Rep. Eleanor Holmes Norton
Introduced In House on 05/09/2019
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Expressing support for the designation of the week of May 5, 2019, through May 11, 2019, as "National Small Business Week" to honor the vital role of small business and the passion of entrepreneurs in the United States. [HR-360]
[Small Business ]
[Economic Development ]
[Consumer Protection ]
This resolution supports the designation of National Small Business Week and efforts to encourage consumers to shop locally. It also supports and encourages young entrepreneurs to pursue their passions and create more startup businesses.
Sponsored by: Rep. Sean Patrick Maloney
Introduced In House on 05/08/2019