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House Passes Five Bipartisan Small Business Bills that Address the Needs of Main Street America
WASHINGTON, D.C. – Today, the U.S. House of Representatives passed five small business bills under suspension favorably out of the chamber.
H.R. 3511, the Service-Disabled Veteran Opportunities in Small Business Act – sponsored by Reps. LaLota (NY-01), McGarvey (KY-03), Lee (NV-03), Thanedar (MI-13), and Lawler (NY-17).
H.R. 3511, the Service-Disabled Veteran Opportunities in Small Business Act – sponsored by Reps. LaLota (NY-01), McGarvey (KY-03), Lee (NV-03), Thanedar (MI-13), and Lawler (NY-17).
- Federal agencies have a goal of spending five percent of all contracting dollars with small businesses owned by service-disabled veterans. This bill requires the Small Business Administration to help failing agencies improve their inclusion of service-disabled veteran owned small businesses.
- This bill requires the Department of Energy and the Small Business Administration to enter into an agreement to collaborate on research and development activities.
- This bill requires the Small Business Administration to report on its efforts – specifically within the Office of Rural Affairs – to promote businesses and agricultural economies in rural areas.
- This bill requires the Small Business Administration to reassess the 8(a) program threshold cap every four years to ensure that it is in line with market realities.
- This bill requires that only women-owned small businesses that have been certified by a federal agency, state government, or national certifying entity approved by the Small Business Administration are included when calculating whether a federal agency has met its contracting goals with respect to such businesses during a fiscal year.
