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US HR8844

US HR8844
STEP Improvement Act of 2022


summary

Introduced
09/15/2022
In Committee
09/21/2022
Crossed Over
12/07/2022
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

AN ACT To reauthorize the State Trade Expansion Program of the Small Business Administration, and for other purposes.

AI Summary

This bill, the STEP Improvement Act of 2022, reauthorizes the State Trade Expansion Program (STEP) of the Small Business Administration (SBA) for fiscal years 2023 through 2026. The key provisions of the bill include: requiring the SBA to publish application information and set deadlines for STEP grants, allowing grant recipients to revise their budget plans, mandating an annual survey of grant recipients, enhancing reporting requirements to include more detailed performance metrics, and expanding the definition of eligible small business concerns. The bill also requires the SBA to report to Congress on process improvements to streamline the STEP application and communication with grant recipients.

Committee Categories

Business and Industry

Sponsors (4)

Last Action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 12/07/2022)

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