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Bill > HR3372


US HR3372

Small Business Contracting Credit Act of 2019


summary

Introduced
06/19/2019
In Committee
06/19/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Small Business Act to give small business contracting credit for subcontractors that are Puerto Rico businesses, and for other purposes. This bill authorizes federal agencies to double the value of contracts awarded to Puerto Rican subcontractors for the purpose of obtaining credit towards the small business prime contracting goal.

AI Summary

This bill, the Small Business Contracting Credit Act of 2019, amends the Small Business Act to allow federal agencies to double the value of contracts awarded to Puerto Rican subcontractors for the purpose of meeting the small business prime contracting goal. This change applies to subcontracts at any tier, not just the prime contract. The bill aims to provide small businesses contracting credit for work performed by subcontractors that are based in Puerto Rico.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Referred to the House Committee on Small Business. (on 06/19/2019)

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