summary
Introduced
12/08/2022
12/08/2022
In Committee
12/08/2022
12/08/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A bill 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, aims to reauthorize and enhance the State Trade Expansion Program (STEP) of the Small Business Administration (SBA). The key provisions include: requiring the SBA to publish application information and set timelines for the STEP grant process; allowing grantees to revise their budget plans with some limitations; mandating an annual survey of STEP grantees and expanding the annual report to include more performance metrics and lessons learned; broadening the definition of eligible small business concerns; and extending the authorization of appropriations for STEP from 2020 to 2026. Overall, the bill seeks to improve the transparency, flexibility, and effectiveness of the STEP program in supporting eligible small businesses, particularly those that are socially and economically disadvantaged, women-owned, or rural.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 12/08/2022)
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/117th-congress/senate-bill/5221/all-info |
| BillText | https://www.congress.gov/117/bills/s5221/BILLS-117s5221is.pdf |
| Bill | https://www.congress.gov/117/bills/s5221/BILLS-117s5221is.pdf.pdf |
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