Bill
Bill > HR7586
US HR7586
US HR7586To temporarily extend participation in the 8(a) program of the Small Business Administration, and for other purposes.
summary
Introduced
07/13/2020
07/13/2020
In Committee
07/13/2020
07/13/2020
Crossed Over
Passed
Dead
12/31/2020
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/7586/all-info |
BillText | https://www.congress.gov/116/bills/hr7586/BILLS-116hr7586ih.pdf |
Bill | https://www.congress.gov/116/bills/hr7586/BILLS-116hr7586ih.pdf.pdf |
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