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Bill > HR7586


US HR7586

US HR7586
To temporarily extend participation in the 8(a) program of the Small Business Administration, and for other purposes.


summary

Introduced
07/13/2020
In Committee
07/13/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To temporarily extend participation in the 8(a) program of the Small Business Administration, and for other purposes. This bill requires the Small Business Administration to allow any small business participating in its 8(a) Business Development program to extend participation by a period of one year. The 8(a) Business Development program limits competition for certain government contracts to small businesses that participate in the program.

AI Summary

This bill requires the Small Business Administration (SBA) to allow any small business participating in its 8(a) Business Development program to extend their participation by one year, regardless of whether they previously elected to suspend their participation. The 8(a) program is a business development program that limits competition for certain government contracts to small businesses that participate in the program. The bill also grants the SBA emergency rulemaking authority to implement these changes within 15 days of the bill's enactment without the usual notice requirements.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Referred to the House Committee on Small Business. (on 07/13/2020)

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