HR 1700 · 115th Congress · Commerce
SCORE for Small Business Act of 2018
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.(2018-07-11)
Plain Language Summary
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SCORE for Small Business Act of 2017 This bill amends the Small Business Act to reauthorize the SCORE program (Service Corps of Retired Executives) for FY2018-FY2019. The program is renamed as simply the SCORE program. The Small Business Administration (SBA) shall award a grant to the SCORE Association (or any successor group) to manage the program. Based on business experience and knowledge, a volunteer participating in the program shall: provide at no cost to individuals who own, or aspire to own, small business concerns personal counseling, mentoring, and coaching relating to the process of starting, expanding, managing, buying, and selling a business; and facilitate low-cost education workshops for individuals who own, or aspire to own, small business concerns. The SBA shall ensure that the program and each of its chapters develop and implement plans and goals to provide services more effectively and efficiently to individuals in rural areas, economically disadvantaged communities, and other traditionally underserved communities, including plans for electronic initiatives, web-based initiatives, chapter expansion, partnerships, and the development of new skills by participating…
Summarized by Claude AI · Non-partisan · For informational purposes only