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Bill > HR3428


US HR3428

Contracting Credit Equality Act of 2019


summary

Introduced
06/21/2019
In Committee
06/21/2019
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 certain small businesses located in United States territories, and for other purposes. This bill authorizes federal agencies to double the value of contracts awarded to small businesses in the U.S. Virgin Islands, American Samoa, Guam, or the Northern Mariana Islands for the purpose of obtaining credit towards the small business contracting goal.

AI Summary

This bill, the Contracting Credit Equality Act of 2019, amends the Small Business Act to authorize federal agencies to double the value of contracts awarded to small businesses located in the U.S. Virgin Islands, American Samoa, Guam, or the Northern Mariana Islands for the purpose of obtaining credit towards the small business contracting goal. The bill defines a "covered territory business" as a small business concern that has its principal office located in one of those four U.S. territories.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

Referred to the House Committee on Small Business. (on 06/21/2019)

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