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Bill > HR1386


US HR1386

US HR1386
SESO Act Small Entrepreneur Subcontracting Opportunities Act of 2015


summary

Introduced
03/17/2015
In Committee
03/17/2015
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

SESO Act Small Entrepreneur Subcontracting Opportunities Act of 2015 The National Defense Authorization Act for Fiscal Year 2013 is amended with respect to the requirement that federal agency heads ensure that senior executive personnel responsible for acquisition assume responsibility for that agency's success in achieving small business contracting goals and percentages. Such personnel are also responsible for the agency's success in achieving small business prime contracting and subcontracting goals and percentages.

AI Summary

This bill, known as the Small Entrepreneur Subcontracting Opportunities Act of 2015 (SESO Act), amends a previous law, the National Defense Authorization Act for Fiscal Year 2013, to expand the responsibilities of senior executives in federal agencies who are in charge of acquiring goods and services. Specifically, these senior executives will now be held accountable not only for the agency's success in meeting overall small business contracting goals but also for achieving specific targets for both prime contracts (direct contracts with small businesses) and subcontracting goals (contracts awarded by larger prime contractors to small businesses). This change aims to ensure that federal agencies actively promote opportunities for small businesses at all levels of government contracting.

Committee Categories

Business and Industry

Sponsors (4)

Last Action

Referred to the House Committee on Small Business. (on 03/17/2015)

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